Boomed / Doomed - Delete as applicable - Contractor UK Bulletin Board

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Cyberman replied

3 April 2009, 11:31
As I have said many times, it just goes to prove that you should look at actual sale prices at the Land Registry and ignore Estate Agents and B/Ss who have an obvious conflict of interest. A 4-Bed detached sold in my area for 350K last month, so not looking too bad at all here in lovely Berkshire.
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Doggy Styles replied

3 April 2009, 11:11
Definitely doomed. Plenty more falls to come.

It's amazing how anybody believed that the Nationwide figures showed a turnaround.
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DimPrawn started a topic Boomed / Doomed - Delete as applicable

3 April 2009, 11:07
Boomed / Doomed - Delete as applicable

http://newsvote.bbc.co.uk/1/hi/business/7980813.stm

UK house prices fell by 1.9% in March compared with the previous month, according to the Halifax.

The lender - now part of Lloyds Banking Group - said that conditions in the housing market would remain tough for the rest of the year.

The average UK home now costs £157,226, at least £30,000 less than a year ago.

The figures failed to echo the slight rise in prices in March reported by the Nationwide, with the Halifax saying that consumer confidence was still low.

The annual rate of decline eased slightly, with prices down 17.5% in March compared with a record drop of 17.7% in February.

This annual figure is based on a three-month by three-month comparison. When comparing the average price from March compared with March 2008, the drop was 17.6%.

http://newsimg.bbc.co.uk/media/image...rices04_09.gif

So Nationwide say boomed and Halifax say doomed?

I'd say doomed.
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