ftb_fml Posted March 6, 2023 Share Posted March 6, 2023 Linky. I can't be bothered to guess as it'd be just that.. but I'll obviously be rejoicing to see another sizeable drop after last month's decidely on the fence zero percent change. Predictions please, folks; if you feel so inclined Quote Link to comment Share on other sites More sharing options...
Blobsy Posted March 6, 2023 Share Posted March 6, 2023 I think a healthy rise. We’ve turned a corner, green shoots, spring bounce etc. Glad we managed to avoid the recession and all the gloom and doom has subsided. What a time to be alive! The only way is up! cin cin 🥂 Quote Link to comment Share on other sites More sharing options...
mynamehere Posted March 6, 2023 Share Posted March 6, 2023 I genuinely have no idea, probably negative as Halifax is lagging nationwide 2% or so. But anything is possible. Maybe there is regional bias? Perhaps I'm reading too much into the name Quote Link to comment Share on other sites More sharing options...
Huggy Posted March 6, 2023 Share Posted March 6, 2023 We are living the greatest moment in HPC history, where home"owners", mortgage prisoners, and landlord scum have painful yet valuable lessons about debt branded onto their tender parts. This is no time for walking away or kneeling in front of those who wish us harm. Dare to dream in this magnificent time to be alive. A 0.7% drop from me then, feck yeah Quote Link to comment Share on other sites More sharing options...
Pmax2020 Posted March 6, 2023 Share Posted March 6, 2023 Registers of Scotland published January 2023 data. https://www.ros.gov.uk/data-and-statistics/house-price-statistics The Scottish average peaked at 223k last year but is now 213k. Locally though there are some impressive falls over the last 5-6 months… Edinburgh 292k fall from 325k. Aberdeen 170k from 213k. Glasgow 193k from 213k. Perth & Kinross 230k from 264k. Scottish Borders 221k from 248k. All of those peak figures are from Autumn/Winter 2022 but these new lows are working their way towards 2020/2021 averages! Quote Link to comment Share on other sites More sharing options...
fellow Posted March 6, 2023 Share Posted March 6, 2023 -1.4%. Quote Link to comment Share on other sites More sharing options...
TerryBoi Posted March 6, 2023 Share Posted March 6, 2023 29 minutes ago, Huggy said: We are living the greatest moment in HPC history, where home"owners", mortgage prisoners, and landlord scum have painful yet valuable lessons about debt branded onto their tender parts. This is no time for walking away or kneeling in front of those who wish us harm. Dare to dream in this magnificent time to be alive. A 0.7% drop from me then, feck yeah Woah! I'd hate to be an unwary landlord scum who accidently runs into you. Quote Link to comment Share on other sites More sharing options...
Dames Posted March 6, 2023 Share Posted March 6, 2023 -2.0% I can but dream 😁 D Quote Link to comment Share on other sites More sharing options...
Timm Posted March 6, 2023 Share Posted March 6, 2023 Just for fun: -1.2% MoM -4.8% QoQ -0.2% YoY Quote Link to comment Share on other sites More sharing options...
Clarky Cat Posted March 6, 2023 Share Posted March 6, 2023 +0.1% the housing market is saved Quote Link to comment Share on other sites More sharing options...
DarkHorseWaits-NoMore Posted March 6, 2023 Share Posted March 6, 2023 36 minutes ago, Timm said: Just for fun: -1.2% MoM -4.8% QoQ -0.2% YoY Agreed, +/- 0.1% Quote Link to comment Share on other sites More sharing options...
“Nasty Piece of work” Posted March 6, 2023 Share Posted March 6, 2023 It will be another fictitious number in order to avoid the BoE doing anything, and enabling the Punch bowl to be refilled ASAP. Quote Link to comment Share on other sites More sharing options...
NoHPCinTheUK Posted March 6, 2023 Share Posted March 6, 2023 I swear if house prices don’t collapse within the next 12 months I’ll make plans to move somewhere else. No idea about your feelings but so many years into this game and I’m starting to get tired. I’ve had enough. Quote Link to comment Share on other sites More sharing options...
henry the king Posted March 6, 2023 Share Posted March 6, 2023 (edited) It is a single data point from a volatile index. It doesn't make much sense to predict it. I predict NW and HF will average to about -0.3 to -0.4 most months. Some will be less. Some will be more. A negative will be very nicely received though as it would be further evidence the crash is continuing. Edited March 6, 2023 by henry the king Quote Link to comment Share on other sites More sharing options...
henry the king Posted March 6, 2023 Share Posted March 6, 2023 (edited) 7 minutes ago, NoHPCinTheUK said: I swear if house prices don’t collapse within the next 12 months I’ll make plans to move somewhere else. No idea about your feelings but so many years into this game and I’m starting to get tired. I’ve had enough. They aren't going to just collapse 40% in 12 months. It will be a longer process. A rapid crash is about -8% a year nominally. Given wages going up that would be exceptionally quick declines. Expecting more than that is kind of delusional imo. Even during the most crazy HPI of all time in 2021-2022 due to furlough cash and massive QE we only saw +10-12% or something and remember 0% is actually house price falls as inflation is a part of our system (i.e. if house prices went +0% for the next 30 years they would be very cheap at the end of it without any nominal falls). So vs wages even in the most crazy period we were probably about +8% YoY. We are currently down 8% vs wages in the last 6 months ALONE. We are in a rapid crash. Edited March 6, 2023 by henry the king Quote Link to comment Share on other sites More sharing options...
AThirdWay Posted March 6, 2023 Share Posted March 6, 2023 A negative figure. You're welcome 😁 Quote Link to comment Share on other sites More sharing options...
TerryBoi Posted March 6, 2023 Share Posted March 6, 2023 -1.3% Quote Link to comment Share on other sites More sharing options...
Tapori Posted March 6, 2023 Share Posted March 6, 2023 They'll bravely put on these faces of absolute sincere analysis at the carnage that is gathering: Quote Link to comment Share on other sites More sharing options...
Homeless Millionaire Posted March 6, 2023 Share Posted March 6, 2023 A big chunk, -2.4% Quote Link to comment Share on other sites More sharing options...
Square Mile Posted March 6, 2023 Share Posted March 6, 2023 15 minutes ago, TerryBoi said: -1.3% I'm with Tel ! Quote Link to comment Share on other sites More sharing options...
TerryBoi Posted March 6, 2023 Share Posted March 6, 2023 20 minutes ago, Homeless Millionaire said: A big chunk, -2.4% Bold move. I respect that. Much more than the scotch guy before who isn't willing to put a number. Wrong or right, at least you put your balls on the table and let the chips fall where they may. Quote Link to comment Share on other sites More sharing options...
TerryBoi Posted March 6, 2023 Share Posted March 6, 2023 8 minutes ago, Square Mile said: I'm with Tel ! Shrewd move. Tel always makes money for his friends. Quote Link to comment Share on other sites More sharing options...
Square Mile Posted March 6, 2023 Share Posted March 6, 2023 5 hours ago, ftb_fml said: Linky. I can't be bothered to guess as it'd be just that.. but I'll obviously be rejoicing to see another sizeable drop after last month's decidely on the fence zero percent change. Predictions please, folks; if you feel so inclined Not sure it matters too much, seasonally adjusted, outlier weighted or whatever. Just sniff around Rightmove .. chunks coming off, EA's have minimal transactions, many will be boarded up by Autumn. Maybe we will get the delis back on the high street as opposed to rows of EA's. Quote Link to comment Share on other sites More sharing options...
Homeless Millionaire Posted March 6, 2023 Share Posted March 6, 2023 One of our local agents is selling, or trying to sell a lot of shite on Faceache marketplace atm. I'm tempted to offer him some derisory sum just to piss on his chips. Quote Link to comment Share on other sites More sharing options...
Smith Posted March 7, 2023 Share Posted March 7, 2023 +1.1% Quote Link to comment Share on other sites More sharing options...
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