Debate House Prices


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Crash Crash Crash !!!!!!!!!!!!!!!!!!!!!!!!!!!

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Comments

  • blisk3
    blisk3 Posts: 204 Forumite
    chucky wrote: »
    <sigh>
    yet another one using a YoY graph and not understanding what it means...

    do you realise that the trend on the graph could be down but house prices actually increasing?
    chucky wrote: »
    Not at all. Bringing up the YoY graph tells us more about last year than this year. We could have a negative month next month and the YoY could go upwards.

    It measures 2 months, now and 12 months ago, which blisk and many of the HPC numpties don't understand.

    He'd much better if he showed a graph just for the last 6 months if he was trying to imply a crash, the YoY doesn't show the same thing.
    Yes and the trend is down. ;)

    It's the 2 together, not one more than the other.

    Nationwide & Halifax, you do know who they are ? :think:
  • pwllbwdr
    pwllbwdr Posts: 443 Forumite
    Part of the Furniture Xmas Saver!
    blisk3 wrote: »
    We're crossing the 0% line going down, equivalent to Mar/Apr 2008.

    One last try. We're crossing the 0% line. So house prices are equivalent to Dec 09/January 2010.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 4 January 2011 at 10:29AM
    pwllbwdr wrote: »
    One last try. We're crossing the 0% line. So house prices are equivalent to Dec 09/January 2010.
    they're lost to the cult. any logic or facts aren't understood by these people.

    he's not the only one on here that uses the YoY graphs and gets it completely wrong.
  • Heyman_2
    Heyman_2 Posts: 1,819 Forumite
    Why haven't the Board Guides closed this complete disaster of a thread yet?
  • johnny_storm
    johnny_storm Posts: 259 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    !!!!!!_face wrote: »
    ...someone hilariously posted a picture of Glastonbury Festival tents, who unwisely camped next to the embankment, before mega-rain.

    GENIUS SABRETOOTH!

    I wonder which tent is realistbears? :j
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    edited 4 January 2011 at 4:03PM
    blisk3 wrote: »
    We're crossing the 0% line going down, equivalent to Mar/Apr 2008.

    They would have to go up around £16K to be at March 2008, perhaps look at prices not a YoY graph for comparing prices. :)
  • blisk3
    blisk3 Posts: 204 Forumite
    Really2 wrote: »
    They would have to go up around £16K to be at March 2008, perhaps look at prices not a YoY graph for comparing prices. :)
    Where did I say that, go back and read my post. ;)
  • blisk3
    blisk3 Posts: 204 Forumite
    Heyman wrote: »
    Why haven't the Board Guides closed this complete disaster of a thread yet?
    Prices are going down, don't you know. ;)
  • blisk3
    blisk3 Posts: 204 Forumite
    pwllbwdr wrote: »
    One last try. We're crossing the 0% line. So house prices are equivalent to Dec 09/January 2010.
    chucky wrote: »
    they're lost to the cult. any logic or facts aren't understood by these people.

    he's not the only one on here that uses the YoY graphs and gets it completely wrong.
    Let's just sort out the muppets. ;) :money:

    Average House Price according to Nationwide


    ..... Jan .....Nov......Dec
    2010 £163,481 £163,398 £162,763
    2009 xxxxxxxx £162,764 £162,103


    These prices look pretty similiar to me. :T :rotfl:
  • pwllbwdr
    pwllbwdr Posts: 443 Forumite
    Part of the Furniture Xmas Saver!
    Muppets eh?

    The prices are indeed similar to those a year ago. Which is why the year on year change figure is close to zero. Which is surprisingly close to what I said.

    But you said "We're crossing the 0% line going down, equivalent to Mar/Apr 2008."

    In what relevant sense, Kermit, is this "equivalent" to Mar/Apr 2008.
This discussion has been closed.
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