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Debate House Prices
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Halifax - September down 1.3% yoy 12.4%
Comments
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I thought it was the year-to-date figure?0
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Looks like the BBC figures are wrong! I've just found the link
http://www.hbosplc.com/economy/includes/09_10_08HousePriceIndexSeptember2008.pdf
1.3% and 12.4% yoy0 -
Some good news amongst the gloom, I've just saved 4.5k last month, only 1k of which I actually put in the bank0
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I thought I was hearing the BBC say 13.2% YoY on their News
Update: Yes, BBC are saying 13.2%0 -
Surely that can't be right. The figures are for -ve HPI yet they have been announced after the MPC meeting. Hang on, it's only 30 days until the next one.
The conspiracy theorists are right!0 -
They didn't expect BoE to announce interest rate yesterday - they would have released the numbers before, if they new...Spring into Spring 2015 - 0.7/12lb0
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13.4% is the true 12 month fall when comparing directly Sept 08 with Sept 07. 12.4% is where Halifax have averaged the monthly figures into quarterly and then averaged these quarterly figures into annual, hence creating a lag of approx half a quarter ie 1.5 months.0
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"House prices fell by 1.3% in September. This was the smallest monthly fall for seven months."
:jWOW! :j
(that was sarcasm
) 0 -
That made me smile as well - it is amazing, they will see a positive in anything!!! (Like prices are still higher than 3 years ago - from them report few months ago)mr_fishbulb wrote: »"House prices fell by 1.3% in September. This was the smallest monthly fall for seven months."
:jWOW! :j
(that was sarcasm)Spring into Spring 2015 - 0.7/12lb0 -
Thats probably thanks to their seasonal adjustmentmr_fishbulb wrote: »"House prices fell by 1.3% in September. This was the smallest monthly fall for seven months."
:jWOW! :j
(that was sarcasm)0
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