Comments on: House Price Slowdown Vs House Price Crash

By: The Landlord

The Landlord — Tue, 10 Jun 2008 15:51:42 +0000

Hannah: Who’s to say that there will be a continious monthly 2.5% drop throughout the year? That’s the kind of piffle i’m talking about. Until it happens, it’s not a crash.

EAF: House prices are falling nationally, however, that’s just a “national trend”. In certain parts of the country, house prices are both increasing and remaining stable :)

By: Estate Agents Finder

Estate Agents Finder — Mon, 09 Jun 2008 20:25:35 +0000

lol, Nice read.

I keep reading in bbc about house prices falling and my first thought as a first time buyer was thank god! HOWEVER! Some more digging into the stats and what did I find out? Scotland’s house prices are still rising and here is a quote:

“The Scottish House Price Monitor showed that quarterly figures to the end of April rose by 2.3%, giving an average house price of £163,639.

Despite a fall in the previous quarter, Scottish house prices have risen by 11.6% in a year.”

So all I can say is bummer, I guess it won’t matter too much when I buy.

By: hannah huntley

hannah huntley — Thu, 05 Jun 2008 00:37:41 +0000

Anything strike you about the angle of the line on your graphs?
And, what exactly, is 2.5 per cent monthly drop as per Halifax’s latest figures, annualised? Is it:
a) An increase of 5 per cent?
b) No change?
or c) A drop of over 20 per cent?