Halifax -1.9% MoM, -17.5% YoY -21.3% from peak.

Really2

ad9898 wrote: »

Fair point, but considering the large number of transactions going through auctions at huge reductions off peak (-45%), I think they are valid for inclusion, after all if an EA valued 2 properties at 200k, one sold for 160k through the EA and the other went through auction and I bought it for 120k, the 120k is still a real figure , it is no more or less relevant than the one that sold for 160k, so my feeling they should be included in an index.

My EA family member is selling repos which were £130K peak for £60K-£70K

I think the auction is gives a good idea of the most unsaleable propertys (eg loads of work needed doing or phaps the very best that no one other than the mega rich can afford) but I think a lot of repo mortgages are going in these figures (but also a lot of repos I have to admit are going cash)

ad9898_3

Anyway enough of all this other stuff, this thread is about Halifax, and it is down, so just as the bulls had their day in the sun, today is our turn,

All bears together..............rejoice.:D

Really2

ad9898 wrote: »

Anyway enough of all this other stuff, this thread is about Halifax, and it is down, so just as the bulls had there day in the sun, today is our turn,

All bears together..............rejoice.:D

We all know it's a blip, it was clearly stated yesterday.:rotfl:

Enjoy it I am sure it will not be the only one this year.;)

ad44downey

ad9898 wrote: »

Anyway enough of all this other stuff, this thread is about Halifax, and it is down, so just as the bulls had there day in the sun, today is our turn,

All bears together..............rejoice.:D

Halifax's fall was twice that of Nationwide's 'rise'. So I make it

Bears 2 Bulls 1

A convincing victory.

Sir_Humphrey

Now who said statistics has to be boring!

Really2

ad44downey wrote: »

Halifax's fall was twice that of Nationwide's 'rise'. So I make it

Bears 2 Bulls 1

A convincing victory.

Your right I will trudge back to my £140 mortgage.;)

Really2

Sir_Humphrey wrote: »

Now who said statistics has to be boring!

Not arguing an area as dropped by less today;)

StevieJ

Wookster wrote: »

Where do you get 4.34?

My calculations yesterday came to 5.5. Did you do the math? :cool:

I have told you once before it is maths :cool: The figure is a direct copy and paste of the Halifax site.

http://www.lloydsbankinggroup.com/media1/research/halifax_hpi.asp

mitchaa

ad44downey wrote: »

Halifax's fall was twice that of Nationwide's 'rise'. So I make it

Bears 2 Bulls 1

A convincing victory.

In fact, i think you will not find that it was;)

Halifax Feb = £160,390
Halifax Mar = £157,360

Fall of £3,030 (-1.9%)

Nationwide Feb = £147,746
Nationwide Mar = £150,946

Rise of £3,200 (+2.2%)

The bulls clearly win on this 1:p

Edit...It is very strange to see that halifax figures did drop 1.9% as reported but Nationwides was reported as 0.9% but was clearly a 2.2% rise.

Like i said a conspiracy

System

Really2 wrote: »

Your right I will trudge back to my £140 mortgage.;)

:beer: good times