Latest House Prices Statistical Release

bendix

mitchaa wrote: »

Either way the figures on the halifax website are showing February 09 to be higher than that of Dec 08....TRUE OR FALSE??

http://www.hbosplc.com/economy/includes/02_01_09HousePriceIndexDecember2008.pdf
http://www.lloydsbankinggroup.com/media/pdfs/halifax/HousePriceIndexFebruary2009.pdf

Argue black is white til the cows come home, these 2 links above show the halifax indicator is higher now than what it was 3mths ago.
:

FALSE

Look at the figures again. When I click on both links, they show nothing of the kind.

Nov 08 - 163458
Dec 08 - 160861
Jan 09 - 164126
Feb 9 - 160327

NOTHING like the figures you quote at all.

Cannon_Fodder

Cannon_Fodder wrote: »

Index 520.6 in December, 518.9 in February.
Price £160,861 in December, £160,327 in February.

The figures get revised, you have to look at the latest PDF not keep each one as though it is set in stone...

http://www.lloydsbankinggroup.com/media/pdfs/halifax/HousePriceIndexFebruary2009.pdf

I think if I repeat it often enough, it might eventually sink in...

mitchaa

bendix wrote: »

FALSE

Look at the figures again. When I click on both links, they show nothing of the kind.

Nov 08 - 163458
Dec 08 - 160861
Jan 09 - 164126
Feb 9 - 160327

NOTHING like the figures you quote at all.

Now that is being anal to the anal Nth degree, you know fine well that this link here shows December 2008 at £159,896

http://www.hbosplc.com/economy/includes/02_01_09HousePriceIndexDecember2008.pdf

So how can you blatantly state that the figures are NOTHING like the figures ive quoted They are exactly the figures that i quoted.

The next link for february ON PAGE 1 shows a price of £160,327.

http://www.lloydsbankinggroup.com/media/pdfs/halifax/HousePriceIndexFebruary2009.pdf

So by stating they show NOTHING of the sort is completely a blatant lie as that is what they are EXACTLY showing. It is not until you go to page 3 of the feb report that the december figure has been fiddled with to show £160,861

Either way you are being extremely anal as is CF arguing about 0.3% that has been fiddled with AFTER the figures were initially released.

So initially they were up 0.3% for 2009, now it appears that they are down 0.3% for 2009...Great, but it doesn't show much scope for 09 being a 20% down year that you bears wish to believe yet with 2 down 10 to go:D

obsessed_saver

mitchaa, nobody cares if you made money or lose money but yourself. You can stop trying to convince every one else either way.

bendix

mitchaa wrote: »

Now that is being anal to the anal Nth degree, you know fine well that this link here shows December 2008 at £159,896

http://www.hbosplc.com/economy/includes/02_01_09HousePriceIndexDecember2008.pdf

So how can you blatantly state that the figures are NOTHING like the figures ive quoted They are exactly the figures that i quoted.

The next link for february ON PAGE 1 shows a price of £160,327.

http://www.lloydsbankinggroup.com/media/pdfs/halifax/HousePriceIndexFebruary2009.pdf

So by stating they show NOTHING of the sort is completely a blatant lie as that is what they are EXACTLY showing. It is not until you go to page 3 of the feb report that the december figure has been fiddled with to show £160,861

Either way you are being extremely anal as is CF arguing about 0.3% that has been fiddled with AFTER the figures were initially released.

So initially they were up 0.3% for 2009, now it appears that they are down 0.3% for 2009...Great, but it doesn't show much scope for 09 being a 20% down year that you bears wish to believe yet with 2 down 10 to go:D

LMFAO

You are such a try hard. It must be wonderful in your world. It really must.

If I post on here some complete !!!!!!!! like average house prices are were 150000 in Dec 2008 and 250000 in March 2009, will you then use those figures as verbatim on this and every other bloody website from now on?

You know what . . . you believe your wild fantasies. You're in a minority of one.

What a complete numptie..

Mewbie_3

bendix wrote: »

What a complete numptie..

:rotfl: At least micth has got a house :rotfl:

mitchaa

bendix wrote: »

LMFAO

You are such a try hard. It must be wonderful in your world. It really must.

If I post on here some complete !!!!!!!! like average house prices are were 150000 in Dec 2008 and 250000 in March 2009, will you then use those figures as verbatim on this and every other bloody website from now on?

You know what . . . you believe your wild fantasies. You're in a minority of one.

What a complete numptie..

Thank You:D

Jealousy comes to mind here because you do not like what you are reading even it is FACTUAL. The press states everywhere has dropped by 20% so to you and everyone else who does not understand the word 'average', this is what you believe to be true in every single area up and down the country, and you are the 1 calling me a numptie:rolleyes:

Its only numpties that argue black is white, shall i post the Rosea figures again, just incase they never sunk in:rotfl:

mitchaa

Do you really want me to start a new ''Scottish houses only fell by 3% in 2008'' thread??

Aberdeenshire a little bit less than that

The bigger the bubble, the bigger the fall, Scotland never seen a big bubble so it will not see the subsequent big fall.

It's not that hard really. I'll keep going all day and night til the cows come home if you want me too. (Well until the Holland game anyway)

If you want to argue, or shall we say debate, at least do it with some facts and figures to back your claims up. You show me that Aberdeen has dropped by 20% and is back at 2004 and i'll vow never to post on this forum again

Cannon_Fodder

Its not my fault the figures get revised...don't shoot the messenger.

LR explain why on their website. http://www.landreg.gov.uk/kb/Default.asp?ToDo=view&questId=341&catId=32

"Why is the HPI revised each month?"


Historical data published as part of the HPI are revised primarily for two reasons:
Data capture lag
There is a time-lag between the sale of a property and the subsequent registration of this information with Land Registry. This means the transaction data for the previous month will be incomplete when the monthly report is prepared. The missing data is included as it becomes available.
HPI based on repeat transactions
When Land Registry publishes its HPI reports each month, the index represents the best available view on historic house price movements at the time. As new information becomes available, the published indices are revised to reflect any new data. It is seen as statistical best practice for time-series indices to restate historic data as new information becomes available.


I thought you were interested in the accuracy of what people claim?

Just because a revision undoes one of your claims in this instance, does not make it invalid.

To call other posters anal, when you are pedantically trying to maintain that an early version of openly revised figures is to be relied upon, takes the biscuit.


And this is nothing to do with any supposed -20% claim yet to come to fruition - this is do with YOU claiming prices are up this year.

Which they are not. End of.

0.3% is not a biggie, so just modify your wind-up material to say "prices have barely fallen", that'll get under some uber-bears skin, and they'll bite...

spinning_hamster_wheel

mitchaa wrote: »

Likewise, you are not making money renting and waiting on house price falls.

THE WHOLE POINT OF MY SIGNATURE, it catches a few fishies;) (Sig data is factual btw, not made up)

Yes i do believe if i sold right at this minute that i would not find myself in negative equity. Houses are not selling as quick, but they are selling. Aberdeen for sale prices just aint budging, you only have to look at the ASPC website for evidence of this along with all the housing data from the likes of Nationwide and the Rosea (Scotland LR)

I don't rent, I own my house, am looking to move this year so big YAY for me if prices in Scotland are rising when I come to sell. I was in Aberdeen last month, half the shops in the high street seemed to be shut and 3 friends from uni have lost their jobs up there since Xmas. I'm really not sure there will be a stampede for your house dude, as nice as I'm sure it is, especially after they've checked rightmove to see how much you paid at the peak of the market, not everyone wants negative equity :eek:

I don't think you'd be on here if you were as sure of the increasing value of your house as you claim to be Have you had a survey done recently or has another house on your street sold for a 2007+ price, or are you just guessing depending on which graphs and statistics you find favourable to your cause?