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kingofnowhere

Boe Approvals 106k

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		   NSA		  SA31-Jan-04	84	12629-Feb-04	110	12531-Mar-04	149	12230-Apr-04	131	11831-May-04	133	12430-Jun-04	137	11131-Jul-04	112	10131-Aug-04	94	9430-Sep-04	89	8731-Oct-04	86	8530-Nov-04	74	7631-Dec-04	63	8131-Jan-05	51	8128-Feb-05	74	8631-Mar-05	104	9130-Apr-05	110	9431-May-05	108	9730-Jun-05	116	9631-Jul-05	106	9831-Aug-05	108	10530-Sep-05	109	10631-Oct-05	108	11130-Nov-05	114	11431-Dec-05	89	11931-Jan-06	78	11928-Feb-06	97	11331-Mar-06	143	11430-Apr-06	109	106

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Yes indeed. They have fallen to the lowest level in 7 months:

http://www.tiscali.co.uk/news/newswire.php...y_template.html

Mortgage approvals fall in April

31/05/2006 08:34

LONDON (Reuters) - Mortgage approvals fell to their
lowest level in seven months
in April in a sign that a recent revival in the housing market may peter out in coming months.
The Bank of England said on Wednesday that the number of mortgage approvals fell to 106,000 from 114,000 in March, the weakest since September last year.

:)

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I read somewhere a year or so ago that if the numbers go below 90k then you are in the HPC zone. :ph34r:

Of course as we found last year the numbes can recover from that level. :( Mind you even the Nationwide are suggesting a slow down towards the end of the year, so we might get a few months of <90k. Here's hoping. <_<

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I read somewhere a year or so ago that if the numbers go below 90k then you are in the HPC zone. :ph34r:

Of course as we found last year the numbes can recover from that level. :( Mind you even the Nationwide are suggesting a slow down towards the end of the year, so we might get a few months of <90k. Here's hoping. <_<

Hi

90K is indicative of 0-4% HPI

85K is falling prices

So 90K things start to look a bit messy IMHO

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Those figures show how bad the market was in late 04 early 05!

Looks like we're following that path again...

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Hi

90K is indicative of 0-4% HPI

85K is falling prices

So 90K things start to look a bit messy IMHO

Agreed. We could 3-4 months away from that level, but at least the market is trending in the right direction.

Those figures show how bad the market was in late 04 early 05!

Looks like we're following that path again...

Lets hope so.

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Guest Riser

The Seasonal adjustment appears to be all over the place last Aprils figure of 110k was SA adjusted down to 94k (-14%)while this Aprils figure of 109k has only been adjusted down by (2.7%) to 106k. Whats the matter with using a consistant set of SA factors ? no doubt more spin.

NSA SA Adjustment %

31-Jan-04 84 126 50.00

29-Feb-04 110 125 13.64

31-Mar-04 149 122 -18.12

30-Apr-04 131 118 -9.92

31-May-04 133 124 -6.77

30-Jun-04 137 111 -18.98

31-Jul-04 112 101 -9.82

31-Aug-04 94 94 0.00

30-Sep-04 89 87 -2.25

31-Oct-04 86 85 -1.16

30-Nov-04 74 76 2.70

31-Dec-04 63 81 28.57

31-Jan-05 51 81 58.82

28-Feb-05 74 86 16.22

31-Mar-05 104 91 -12.50

30-Apr-05 110 94 -14.55

31-May-05 108 97 -10.19

30-Jun-05 116 96 -17.24

31-Jul-05 106 98 -7.55

31-Aug-05 108 105 -2.78

30-Sep-05 109 106 -2.75

31-Oct-05 108 111 2.78

30-Nov-05 114 114 0.00

31-Dec-05 89 119 33.71

31-Jan-06 78 119 52.56

28-Feb-06 97 113 16.49

31-Mar-06 143 114 -20.28

30-Apr-06 109 106 -2.75

Edited by Riser

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I don't understand this "wage demands will rise" idea. Surely, at any time, everyone is always asking for the highest wage, and employers will offer the least they can get away with. For the majority of people they have no negotiating power.

and this trending down is before the rates rise!!

If the yanks keep hiking up past 5% . . . . and the Eurozone remains hawkish and keeps hiking too. . . . . . then Japan raise in the next couple of months. . . .

The bearish period will have arrived. All of the above is PROBABLE.

Property will be the biggest casualty.

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The Seasonal adjustment appears to be all over the place last Aprils figure of 110k was SA adjusted down to 94k (-14%)while this Aprils figure of 109k has only been adjusted down by (2.7%) to 106k. Whats the matter with using a consistant set of SA factors ? no doubt more spin.

Or maybe Easter rather than spin, which is why the previous month was so strong yet revised down more than normal.

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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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