Tuesday, April 8, 2008
Nearly there, nearly there …
Historical Data Spreadsheet
House prices down 4.4% between Q3 2007 and Q1 2008 (not seasonally adjusted), or down 1.9% if seasonally adjusted. (click on 'historical houseprice data'). On either basis, prices are still up 1.2% y-o-y.
Posted by mark wadsworth @ 02:40 PM (970 views)
6 thoughts on “Nearly there, nearly there …”
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str 2007 says:
Which class would that be tc.
I’ve just been looking at the graphs tab at the top of this page and Halifax figures show March ’07 at 194,362 and March ’08 at 191,556. That is almost a 1.5% year on year fall and March and March are the same season as far as I’m concerned.
mark wadsworth says:
I’m going from the data spreadsheet to which I linked above, not a graph. Let’s not split hairs over a 1% rise or 1% fall, either way it’s less than inflation (however measured) so it is a real fall.
Chasbmw says:
wonderful information
House price/earnings ratio is currently at 6.87. Highest was 7.00 in spring 07.
Average House price earnings was around 4.00. This was in 2001. In my area the average house price in 2001 was £164K, currently the average is £313, so prices have to drop quite a long way to get close to a ratio of 4.00 even taking into account the rise in earnings since 2001.
afrobaggie says:
And it is less than if your money was in a no risk savings account.
nopensionnohouse says:
Interesting.
If you download the Historic data sheet (first one), go to the “Price-Earnings” tab and make a graph of the data… you end up with exactly the same shape graph as on the HPC home page.
Food for thought!!
Flanby says:
Mar 2007: 628.2
Mar 2008: 620.0
Is that not a 1.3% decrease in a year?!?