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  #91021  
Old Today, 08:46 AM
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G
Quote:
Originally Posted by racehorse-80s View Post
House prices down 3.1% in the last quarter)
Where is that number from by the way?

I couldn't see it on the Nationwide, Halifax or Land Registry price indexes

There was one from Rightmove relating to asking prices that was similar
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  #91022  
Old Today, 08:48 AM
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Originally Posted by Maz View Post
No. He will never be taken seriously.
Keep up the character assignation and insults it all you remoaners have left .
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  #91023  
Old Today, 08:52 AM
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Originally Posted by Reps AJ View Post
G

Where is that number from by the way?

I couldn't see it on the Nationwide, Halifax or Land Registry price indexes

There was one from Rightmove relating to asking prices that was similar
It's asking prices and the article is on property wire , It equates that lower asking prices will filter through eventually to lower sold values in a falling market , Transactions are historically low and even though there is a low level of sellers on the market the buyers are staying away and waiting for further price falls , Not unlike the shoppers on the high street .
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  #91024  
Old Today, 09:11 AM
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Quote:
Originally Posted by racehorse-80s View Post
It's asking prices and the article is on property wire , It equates that lower asking prices will filter through eventually to lower sold values in a falling market , Transactions are historically low and even though there is a low level of sellers on the market the buyers are staying away and waiting for further price falls , Not unlike the shoppers on the high street .
Buyers aren't staying away because they're bargain hunting, it's because there's uncertainty right now around an upcoming massive economic upheaval, and they'd rather not take on additional liabilities when they don't know if they'll have a job soon.
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  #91025  
Old Today, 09:34 AM
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Quote:
Originally Posted by racehorse-80s View Post
It's asking prices and the article is on property wire , It equates that lower asking prices will filter through eventually to lower sold values in a falling market , Transactions are historically low and even though there is a low level of sellers on the market the buyers are staying away and waiting for further price falls , Not unlike the shoppers on the high street .
Asking price indices are generally very volatile and not a great leading indicator of sold prices. If you were really interested in properly monitoring the housing market you'd know this, rather than cherry picking statistics to fit your weird agenda.

If Brexit causes a house price fall then it will be because it has hit the economy. Not going to be great for mortgage availability and FTB earnings is it.
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  #91026  
Old Today, 09:45 AM
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Quote:
Originally Posted by racehorse-80s View Post
It's asking prices
So its aspirations that are falling, not house prices.

LOL.
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