Jump to content
House Price Crash Forum
Sign in to follow this  
Realistbear

Lloyds-tsb Throw Cold Water On Scots "soaring" H P I Claims

Recommended Posts

http://www.theherald.co.uk/news/68176.html

House prices set for soft landing

SCOTLAND's house price boom is heading for a soft landing, according to Lloyds TSB.
It said prices rose over the past quarter, but by nothing like the growth seen in recent years.
The bank said the average house sold for £141,338 in the three months through to the end of July, 1.1% more than during the previous quarter...../
The Lloyds TSB figures show huge differences in trends across the nation.
Prices fell in Aberdeen and Dundee during the last quarter, by 2.4% and 0.4% respectively.
Annual figures for Aberdeen and Dundee, however, were both up 17%, more than anywhere else .

The slowdown from YoY +17 to -2.4% in just one quarter shows a significant slowing and not exactly a "soft landing" where you would find a gradual tapering off in the plus side before negative figures showed up. Looked at graphically, this is crash speed. :o

Share this post


Link to post
Share on other sites

I live in Aberdeen - place is a Joke!!

THe other day i even dared to ride a bus to town - having a laugh with my friends before i boarded - they said it would be a polish driver and take me to dundee instead of city centre.

I boarded bus and to my surprise it was a smelly polish driver..asked him a simple question and he had no idea what i was speaking about..(just bought a single and sat down)

every customer who got on after me asked him a simple question..he again never knew the answer...

Well, you do get what you pay for i suppose!!

still spent £60 boozing though - anyone worked out where your money goes when your drinking??

Share this post


Link to post
Share on other sites

The slowdown from YoY +17 to -2.4% in just one quarter shows a significant slowing and not exactly a "soft landing" where you would find a gradual tapering off in the plus side before negative figures showed up. Looked at graphically, this is crash speed. :o

Prices are up 17% over the year - this is taking into consideration the 2.4% drop in the last quarter so you're not comparing like with like.

Share this post


Link to post
Share on other sites

polish driver..asked him a simple question and he had no idea what i was speaking about

Perhaps you should do something about your accent.

every customer who got on after me asked him a simple question..he again never knew the answer...

"... every customer ..." Are bus drivers the source of all knowledge in Aberdeen? Or do you suffer from artistic licence?

p

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 302 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.