House prices up!

[sone]

Halifax report house prices up 1.9% up in January- Where did that come from?.

Edited by sone on Thursday 5th February 09:13

[kit80]

From people buying houses while they are buy one get one free?

Edited by kit80 on Thursday 5th February 09:13

[_Batty_]

god only knows.

[JRM]

It's called 'what is actually happening' rather than 'what the Daily Mail tells you is happening'

[dibbers006]

kit80 said:

From people buying houses while they are buy one get one free?

[Mike400]

JRM said:

It's called 'what is actually happening' rather than 'what the Daily Mail tells you is happening'

I agree - im sick to death of the media playing up this recession in order to sell papers etc - Yes things are bad but forcing all this doom and gloom down everyone's throats is hardly going to help.

If house prices really did go up in Jan you can bet your arse it wont get any major news coverage

[anonymous-user]

Mike400 said:

JRM said:

It's called 'what is actually happening' rather than 'what the Daily Mail tells you is happening'

I agree - im sick to death of the media playing up this recession in order to sell papers etc - Yes things are bad but forcing all this doom and gloom down everyone's throats is hardly going to help.

If house prices really did go up in Jan you can bet your arse it wont get any major news coverage

Spot on, now just tell Noel that please

[williamp]

The simple fact is this: there are more people wanting Houses then there are Houses out there.
So there is still a shortage of housing.

I've had 2 house viewings this week, and a third one due today. My fiancee sold her House just before christmas.

[NoelWatson]

Mike400 said:

If house prices really did go up in Jan you can bet your arse it wont get any major news coverage

It is on the Sky News ticker now

[NoelWatson]

williamp said:

The simple fact is this: there are more people wanting Houses then there are Houses out there.
So there is still a shortage of housing.

The fact is, that is a myth

[turbobloke]

williamp said:

The simple fact is this: there are more people wanting Houses then there are Houses out there.
So there is still a shortage of housing.

I've had 2 house viewings this week, and a third one due today. My fiancee sold her House just before christmas.

Coincidentally or not, FOR SALE and then SOLD boards have been appearing around here for the last month but local isn't national, however the Halifax news is indicative that the lift, even if temporary, is wider.

[NoelWatson]

Dave_ST220 said:

Mike400 said:

JRM said:

It's called 'what is actually happening' rather than 'what the Daily Mail tells you is happening'

I agree - im sick to death of the media playing up this recession in order to sell papers etc - Yes things are bad but forcing all this doom and gloom down everyone's throats is hardly going to help.

If house prices really did go up in Jan you can bet your arse it wont get any major news coverage

Spot on, now just tell Noel that please

So the recession was just a dream? And all my friends/colleagues that have been let go were actually playing Forza Motorsport and noone told me. Cheeky gits

[fatboy b]

sone said:

Halifax report house prices up 1.9% up in January- Where did that come from?.

Edited by sone on Thursday 5th February 09:13

Must be a problems with Pistonheads delaying your posts by a year.

[cushT]

Its nothing new, this time of year always sees a boom in house sales. Demand is up so prices may rise a little.
I wouldnt get too exited!

[Dracoro]

Mike400 said:

JRM said:

It's called 'what is actually happening' rather than 'what the Daily Mail tells you is happening'

I agree - im sick to death of the media playing up this recession in order to sell papers etc - Yes things are bad but forcing all this doom and gloom down everyone's throats is hardly going to help.

If house prices really did go up in Jan you can bet your arse it wont get any major news coverage

Yet you believe the Halifax, it's in their interest that things are "on the up".

Prices are falling, there may be the odd blip/month but they're still going to fall.

Besides, it means the next rung on the ladder is cheaper and first time buyers have a chance of getting on. We're a while off though so expect no proper rises until 2010 at the earliest.

It's like car trade ins, yes your 2002 car is worth a lot less, but the 2006 car you want to buy has fallen even more so the cost to upgrade/change is less.

[esselte]

cushT said:

Its nothing new, this time of year always sees a boom in house sales. Demand is up so prices may rise a little.
I wouldnt get too exited!

A mid-winter house sales boom...really?..

[Plotloss]

Halifax say they're up.

Nationwide and Hometrack both say they're down in the same period.

Who to believe?

[singlecoil]

NoelWatson said:

williamp said:

The simple fact is this: there are more people wanting Houses then there are Houses out there.
So there is still a shortage of housing.

The fact is, that is a myth

It's not a myth, the problem is that they can't afford to buy a house, not that they don't want to.

[Puff Puff]

NoelWatson said:

williamp said:

The simple fact is this: there are more people wanting Houses then there are Houses out there.
So there is still a shortage of housing.

The fact is, that is a myth

Based on an admittedly unscientific survey of my locality I'd say there are many, many more houses with 'For Sale' boards outside than this time last year and far less with 'Sold' on them.

There are also far more house adverts showing substantial discounts from last year's price.

That doesn't indicate a shortage to me.

[kit80]

Well interest rate is off down again today apparently, thats surely got to help.


p.s. my house is still for sale if anyone would like to buy it. Sadly I dont have 'get one free' option.