rantnrave Posted January 8, 2021 Share Posted January 8, 2021 Up a meek 0.2% Quote Link to comment Share on other sites More sharing options...
rantnrave Posted January 8, 2021 Author Share Posted January 8, 2021 Full report: https://www.halifax.co.uk/assets/pdf/december-2020-house-price-index.pdf Frankly, I'm disappointed not to see the phrase 'paused for breath' Quote Link to comment Share on other sites More sharing options...
richmondtw Posted January 8, 2021 Share Posted January 8, 2021 23 minutes ago, rantnrave said: Up a meek 0.2% I assumed it may have fallen with all that is going on I think anything other than a big drop is astounding Quote Link to comment Share on other sites More sharing options...
rantnrave Posted January 8, 2021 Author Share Posted January 8, 2021 Nice BBC headline - shame it's only to be found on the business pages: Soaring house prices in 2020 likely to slow this year, says Halifax https://www.bbc.co.uk/news/business-55586080 Quote Link to comment Share on other sites More sharing options...
Trump Invective Posted January 8, 2021 Share Posted January 8, 2021 20 minutes ago, rantnrave said: Nice BBC headline - shame it's only to be found on the business pages: Soaring house prices in 2020 likely to slow this year, says Halifax https://www.bbc.co.uk/news/business-55586080 How many times can they say exactly the same thing - prices soaring, but downward pressure to come is basically every housing market report for the last 9 months Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted January 8, 2021 Share Posted January 8, 2021 1 hour ago, richmondtw said: I assumed it may have fallen with all that is going on I think anything other than a big drop is astounding Not astounding, just the usual manipulation. Quote Link to comment Share on other sites More sharing options...
rantnrave Posted January 8, 2021 Author Share Posted January 8, 2021 1 hour ago, richmondtw said: I assumed it may have fallen with all that is going on I think anything other than a big drop is astounding Despite the report title, this is likely to be based on Oct and Nov 2020 data... Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted January 8, 2021 Share Posted January 8, 2021 Soaring house prices in 2020 likely to COLLAPSE this year, says ME Quote Link to comment Share on other sites More sharing options...
HovelinHove Posted January 8, 2021 Share Posted January 8, 2021 2 hours ago, rantnrave said: Despite the report title, this is likely to be based on Oct and Nov 2020 data... Good point. The market is now frozen, and I am seeng reductions and lots of “NO CHAIN” listings. I made an offer last week, asking price after 2 days on the market. It was fairly priced which I why I went for it, but they took it off the market 2 days later. They ether think they can get more by waiting till spring or the lockdown spooked them. Couldn’t get to the bottom of it, the agent was very shifty. I think it is the former as they will buying into the headlines of house price boom etc. They may have a rude awakening come April...but they may not. I have no idea any more going to keep making offers that I think are reasonable value on homes I like, which are few and far between if I’m honest, and ignore the background noise. Quote Link to comment Share on other sites More sharing options...
spyguy Posted January 9, 2021 Share Posted January 9, 2021 Theres two towns near me, Yorkshire coast. Number of transaction have been bumping along multi decade lows since 2008. Prices have been flat since 2004ish. Both showed a slight up tick in number of sales in Summer - but only after transaction fell to nothing for Mar Apr Jun. Since summer transaction have slightly recovered in the larger town, but prices are15%-20% off. Transaction have collapsed in the smaller place, which suffers from holiday lets. In short, it appears banks are not advancing mortgages for investment / specialist lending. And resi prices appear to being market down by banks /surveyors. Quote Link to comment Share on other sites More sharing options...
msi Posted January 9, 2021 Share Posted January 9, 2021 VI's putting fear in as they want to spike any Budget changes to tax HPI Quote Link to comment Share on other sites More sharing options...
spyguy Posted January 9, 2021 Share Posted January 9, 2021 6 hours ago, msi said: VI's putting fear in as they want to spike any Budget changes to tax HPI Dont think theres any chance of that on resi. Btl, 2nd homes, holiday let's..... bend over and get the vaseline ready. Quote Link to comment Share on other sites More sharing options...
msi Posted January 9, 2021 Share Posted January 9, 2021 7 minutes ago, spyguy said: Dont think theres any chance of that on resi. Btl, 2nd homes, holiday let's..... bend over and get the vaseline ready. As much as I want reform on Resi, I fear you are right. They can atleast make people prove which house is the primary - but then again, that would put MPs out. Quote Link to comment Share on other sites More sharing options...
richmondtw Posted January 12, 2021 Share Posted January 12, 2021 On 1/8/2021 at 10:13 AM, Bruce Banner said: Not astounding, just the usual manipulation. If it is not what you want hear hear it has to be manipulation I guess Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted January 12, 2021 Share Posted January 12, 2021 2 hours ago, richmondtw said: If it is not what you want hear hear it has to be manipulation I guess Thanks for that pearl of wisdom, happyguy malish richmondtw. Quote Link to comment Share on other sites More sharing options...
Unmoderated Posted January 12, 2021 Share Posted January 12, 2021 On 08/01/2021 at 10:55, TheCountOfNowhere said: Soaring house prices in 2020 likely to COLLAPSE this year, says ME What did you say in January 2008, 2009....2019, 2020? Quote Link to comment Share on other sites More sharing options...
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