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Randall Herbert

Spring Bounce

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Where is the Spring Bounce? Has anyone seen it?

Where are yooooooouu? Come out you where ever you are!!

:lol:

I have seen a bouncing ball which goes up and down like a yo-yo.

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Where is the Spring Bounce? Has anyone seen it?

Where are yooooooouu? Come out you where ever you are!!

:lol:

FWIW Spring bounce starts in Feb (For the part of the timeline)

Natiowide

2006	Feb	£158,5732006	Mar	£162,0832006	Apr	£163,573

Halifax

Feb	2006	£170,440Mar	2006	£173,778

Perhaps you don't count a 3.2% increase in two months (Nationwide), or a 2.2% increase in one month as a spring bounce. But then HPI of between 20% and 30% annualised if it carried on for the rest of the year , would show that there was no spring bounce. But then I expect it to slow down, as the spring bounce wears off.

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I see lots of bears on here bouncing their heads off brick walls they don't own — does that count?

Not at all. I'm paying a mortgage cheaper than anyone who has borrowed from the bank - cheers ;)

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FWIW Spring bounce starts in Feb (For the part of the timeline)

Natiowide

2006	Feb	£158,5732006	Mar	£162,0832006	Apr	£163,573

Halifax

Feb	2006	£170,440Mar	2006	£173,778

Perhaps you don't count a 3.2% increase in two months (Nationwide), or a 2.2% increase in one month as a spring bounce. But then HPI of between 20% and 30% annualised if it carried on for the rest of the year , would show that there was no spring bounce. But then I expect it to slow down, as the spring bounce wears off.

Last quarter of 2005 it was 5.1% reduction (LR figure) in Solihull. So would you count it as a winter crash in Solihull?

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Last quarter of 2005 it was 5.1% reduction (LR figure) in Solihull. So would you count it as a winter crash in Solihull?

OH MY GOD! A 5% REDUCTION IN SOLIHULL! WHATEVER SHALL WE DO?!?!

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Last quarter of 2005 it was 5.1% reduction (LR figure) in Solihull. So would you count it as a winter crash in Solihull?

No, I would

1) say prices fo tend to fall in that quarter for the land reg (Its why Haliwide SA up at that time of year and down in the spring)

2) Its small sample error, Ie how many properties changed hands in Solihull out of the total sample

3) Its the Land regs really crap mix adjustement. IE just mix adjusting it by Flat, Terrace, Semi or detached. I sell the detached gate house for £100,000 and next quarter move into the Masion at the top of the road £1,000,000 the L/R will register that as a 900% increase in prices.

My views

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I see lots of bears on here bouncing their heads off brick walls they don't own — does that count?

Miss a couple of mortgage payments and then you'll see who really owns your house ;)

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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