x
By using this website, you agree to our use of cookies to enhance your experience.
Written by rosalind renshaw

House prices went down 0.9% in November, Halifax reported yesterday.

It says the average house price now stands at £161,731 – 1% lower than a year ago.

November’s dip follows a 1.2% rise in October.

Comments

  • icon

    Do they teach EAs the difference between deposits and loans? There's at least one out there who doesn't know the difference.

    He used to post with the name Brian and even then would get that wrong from time to time and spell it wrong.

    Having failed to make a single meaningful contribution and embarrassed himself with silly comments, he has to post anonymously these days.

    2011-12-07 12:28:33 - was the moment Brian told the world he doesn't know the difference between a deposit and a loan.

    • 08 December 2011 14:15 PM
  • icon

    Added by rantnrave on 2011-12-07 12:30:56

    100% deposits, not 100% loans. What would happen to UK house prices if it became illegal to buy a property with borrowed money?

    • 08 December 2011 13:25 PM
  • icon

    Great news, lets hope the falls continue.

    Dictionary:
    Stagnation = A term to describe a period of continual house price falls but not alarm the public or vested interests.

    • 07 December 2011 22:52 PM
  • icon

    Rant....dont rise to fella or about the cut and paste.....plenty of EA's on here do it too!

    • 07 December 2011 16:55 PM
  • icon

    I see you've retreated from the other thread where your original mistake has been highlighted.

    Informed debate with someone who has a different point of view is worth the effort. Exchanges with someone who can't see the error in their own post and does not know the difference between a deposit and a loan clearly is not worth continuing.

    I'll leave it here, content in the knowledge that your obvious glee stems from your ignorance.

    • 07 December 2011 16:06 PM
  • icon

    Posted by rant- mental but he did.


    What would happen to UK house prices if it became illegal to buy a property with borrowed money?

    rantrave world LOL!

    • 07 December 2011 15:59 PM
  • icon

    Anon, still unable to see it was their failure to know the difference between a 100% loan and a 100% deposit, makes an idiot of themself for the 4th time.

    You really should quit while you are behind.

    • 07 December 2011 15:18 PM
  • icon

    Added by rantnrave on 2011-12-07 12:30:56

    100% deposits, not 100% loans. What would happen to UK house prices if it became illegal to buy a property with borrowed money?

    LOL

    • 07 December 2011 15:12 PM
  • icon

    Is that the poster formerly known as Brain/Brain who is making himself look more ridiculous? You didn't folllow the comment on the other thread and you've embarrassed yourself more by highlighting your ignorance on another thread.

    You are obviously useless with taking in details. Admit it - you bought a house in 2007 with a 125% mortgage from Northern Rock and now you cant cope with informed debate and opinions that show you made a very very poor decision.

    • 07 December 2011 14:25 PM
  • icon

    rantrave- you not going to post your comment about making illegal to borrow to buy a house- quality post, you often look naive, but even for you that’s pure stupidity!

    • 07 December 2011 13:53 PM
  • icon

    News Flash!
    House Price Crash - average price 1% lower than this time a year ago. Buy Now!

    • 07 December 2011 11:35 AM
  • icon

    Nice cut and past from rant again, everyone stop now hes told you all your opinion.

    • 07 December 2011 11:21 AM
  • icon

    I posted this on a thread yesterday - strip out the seasonal adjusting Halifax have applied and the monthly fall in the average UK house price was £3,500, well over 2% (more than £100 a day). It was the second biggest fall since 2008, far greater than October to November periods in previous years.

    For the sake of balance and discussion, by Halifax's own data, the salary multiple now needed to buy the average UK house is back at the levels of Autumn 2002.

    The data I'm using can be found here:
    www.lloydsbankinggroup.com/media/excel/2011/06.12.11historicdata.xls

    • 07 December 2011 10:34 AM
  • icon

    Jolly good, more of the same next month please Land Registry and Halifax.

    Nationwide, please do stick to the programme, your bullish reports aren't fooling anyone.

    • 07 December 2011 10:00 AM
MovePal MovePal MovePal