Thursday, December 30, 2010

November falls

House Price Index

Index 264.2 Average price £164,773 Monthly change -0.6% Annual change 2.2%

Posted by dill @ 11:02 AM (2884 views)
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21 thoughts on “November falls

  • sibley's b'stard child says:

    A late christmas present. Lovely.

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  • I blame the snow. It was so deep and crisp and even, I didn’t want to step outside and spoil it by going to see some houses for sale.

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  • Is it just me, or do the figures and the map on that report contradict each other? I was looking at Monmouthshire and Caerphilly.

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  • The snowball is starting to roll again. Lets hope TPTB allow it to complete its run this time around…

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  • …..we can all argue, but who wins the wax doll of MrG?

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  • Dip Dip Hooray! says:

    House prices already lower than last January, so reported annual change should go negative in two months…

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  • …..we can all argue, but who wins the wax doll of MrG?

    little bit clearer ….sorry grumps

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  • I was just reading the figures: Wales had a MONTHLY fall of 3.4%??!!

    Can you imagine the sh!4storm if that happened in London and/or the South East? The Daily Mail would have heart failure! (if it has one: it might just be a cold piece of black coal)

    (oooh, there’s a vision…3.4% falls in a month…mmm…nice…) – and I’m back in the room.

    Just looked further, and there’s real variation in the data. I guess the sample size is small due to the low transactions. Blaenau Gwent is up 6.1% whilst Torfaen was down 4.1%. Swings and roundabouts.

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  • Is this in line with Nationwide figures for September?

    They were m-o-m +0.1% and y-o-y + 3.1%, so close enough, I guess.

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  • Is PhDinbubbles around to update the amazing graphs?

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  • sibley's b'stard child says:

    Exactly RnR, that graph in the report looks suspiciously like a double-dip. But, the press say we’re definitely not facing a double-dip. Nope. Someone’s telling porkies, methinks.

    On the plus-side, Barking & Dagenham (along with the usual suspects of Westminster & Islington) are leading the charge for London HPI – yay, go BTL/scumviille haven Dagenham!

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  • 3. mrflibble said…’The snowball is starting to roll again. Lets hope TPTB allow it to complete its run this time around..’.

    I have said on here before, that when the time is right, the TPTB will let it rip. Let’s see who mother nature favours.

    The important question of ‘who benefits’ is a revealing one in the persuit of historical truth as well as wealth preservation.

    In the immortal words of young Mowgli – “It’s too bigger round.”

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  • Look its a housing market that means it can and will go up and down. What goes up will come down and then go up again. Short term investment strategy tends to lose unless the timing is right and in general long term investments gain. The point is it will drop this year but people will see growth in the long term.

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  • This forum is useful place to get latest news but other than that not worth taking seriously as the views are polarised and often half brained

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  • you mean like this?:

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  • that’s just from the BBC, but hasn’t got land reg

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  • mark wadsworth says:

    666, the one that PhD does has Land Reg delayed by three months, it’s the delay that’s the important bit to get the three indices to line up nicely.

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  • little professor says:

    Annual change +2.2%. From the predictions thread braindead posted from Jan 2010, mrflibble and tenyearstogetmymoneyback were closest at +5%, although almost everyone else was predicting big negatives.

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  • @Braindead

    I can take a joke but there’s no need to be personal you syphilitic git.

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  • Can’t wait to see Dec’ figures myself. Wonder how close to zero the anual figure will be. i’ll guess at 1% up. Any other offers?

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  • Looks like it’s a race between myself and clockslinger @ 0% and 1% respectively… unless something magical happens with Decembers figures.

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