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Land Registry Confirms Housing Market Slide

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Rapidly worsening conditions in the housing market were officially confirmed yesterday by Land Registry figures showing that year-on-year increases in house prices all but ground to a halt last month.

The official figures showed that on a monthly basis house prices in England and Wales fell by a further 1 per cent last month, wiping just over £1,800 off the value of the average home.

http://www.timesonline.co.uk/tol/money/pro...icle4418755.ece

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Seems a slightly preposterous idea to report that the market has only just levelled out YOY, it's blatantly out of touch with reality.

Apologies, I forgot these are government numbers, sounds reasonable.

At least they don't use the three year rolling average in order to 'smooth out the irregulatities'.

Actually, if they used something like an 81-year rolling average, then ol' gordo could apply his "no more boom and bust" quite accurately :ph34r:

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  • 399 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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