nationwide down 1.9%

stonethrower

cant believe they are still dropping this fast

http://www.nationwide.co.uk/hpi/historical/Aug_2008.pdf

wymondham

Yes, and I reckon it will speed up as well.....

steadysaver

Eagerly awaiting the return of the graphporn2 thread to the 1st page of threads

MrSafeGaz

It's always nice to wake up in the morning and find that you have instantly saved 3-4k

mewbie_2

MrSafeGaz wrote: »

It's always nice to wake up in the morning and find that you have instantly saved 3-4k

Better than what I usually find...

baby_boomer

Only two months of gains (September & October 2007) still left in the year on year figures of -10.5%.

On the other hand, December 2007 - Feb 2008 only had small falls, so there remains scope for that 10.5% annual fall to continue increasing at least until Spring 2009.

lostinrates

I won, I guessed it, I guessed it!

TDS_2

"While the pace of monthly falls picked up during the month, the less volatile three month on three month measure, eased very slightly in August to 4.5% from 4.6% in July"
Fionnuala Earley does it again. She really is an amazing woman to remain so upbeat.

MrSafeGaz

lostinrates wrote: »

I won, I guessed it, I guessed it!

Well you did employ an advanced statistical method namely 'All the other values were taken so I will have to take this one'.

So I am not surprised you came out on top!!

poppy10_2

MrSafeGaz wrote: »

It's always nice to wake up in the morning and find that you have instantly saved 3-4k

A bit more than that:

Average house price July 2008: £169,316
Average house price Aug 2008: £164,654

Fall= £4,662 in one month alone. Ouch!

Down £20k in the last twelve months, too. That's got to hurt. :eek:

lostinrates

MrSafeGaz wrote: »

Well you did employ an advanced statistical method namely 'All the other values were taken so I will have to take this one'.

So I am not surprised you came out on top!!

Well, thats true. It seems I'm finally grasping how economic forecasting works.