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Nationwide Building Society House Price Index Nov 17

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    Nationwide Building Society House Price Index Nov 17

    Key points:

    Annual house price growth steady in November

    Annual house price growth stable at 2.5%

    Modest 0.1% month-on-month increase

    Limited impact from stamp duty changes


    Full report here:

    https://www.nationwide.co.uk/~/media...7/Nov_2017.pdf

    #2
    Originally posted by Martin@AS Financial View Post
    Annual house price growth stable at 2.5%
    Less than inflation? Don't tell the Wail.

    Comment


      #3
      No fall yet?

      Comment


        #4
        They wouldn't report a fall even if there was one. Haven't you seen The Big Short?

        Comment


          #5
          My prayers are still going unanswered. Dear lordeth, where is the crasheth?

          Comment


            #6
            Originally posted by SeededLoaf View Post
            My prayers are still going unanswered. Dear lordeth, where is the crasheth?
            For something to go down, the rate of increase must first go through zero. The crash is < 2 years away tops.
            First Law of Contracting: Only the strong survive

            Comment


              #7
              Originally posted by SeededLoaf View Post
              My prayers are still going unanswered. Dear lordeth, where is the crasheth?
              In property terms, this is a crash.

              Everything is relative.

              Property has gone down in price if you've held US stocks or BTC, for example.

              If property price inflation is less than RPI then in effect house prices are getting cheaper.

              Load up, quick quick!

              Comment


                #8
                Originally posted by BrilloPad View Post
                No fall yet?
                Not necessarily. These are seasonally adjusted, so GBP prices might’ve declined. Anyway, stagnant, and will remain so while real wages are declining. Unlikely to crash w/o a major rate rise and/or recession. Best outcome really - long-term stagnation, real terms decline.

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