Land Registry DOWN again in May.

blunt_crayon

"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."

if previous month = april for the monthly report in may, this means that the LR may figures should tally with haliwide's march figures, no?

Graham_Devon

StevieJ wrote: »

Do you not understand how these things work

Feel free to tell me if I'm incorrect.

We have had March and Aprils figures. These are Mays.

If the LR were four months behind, they would now be reporting April's figures based on Feb.

Plus, all over this board, people are saying they are 3 months behind, so wait for the rises. Now, when they haven't risen, suddenly they are four months behind, wait for the rises.

So no, quite frankly, I don't get how these things work. I thought I did, but it's all just changed again.

Graham_Devon

blunt_crayon wrote: »

"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."

if previous month = april for the monthly report in may, this means that the LR may figures should tally with haliwide's march figures, no?

That's what I kind of figured out when I said 3 months and looked at Halifax figures for March.

chucky

Graham_Devon wrote: »

Feel free to tell me if I'm incorrect.

We have had March and Aprils figures. These are Mays.

If the LR were four months behind, they would now be reporting April's figures.

Plus, all over this board, people are saying they are 3 months behind, so wait for the rises. Now, when they haven't risen, suddenly they are four months behind, wait for the rises.

So no, quite frankly, I don't get how these things work. I thought I did, but it's all just changed again.

they revise them as they get data in - it may be 0.2% for May but in July it may be 0.1% or 0.3% for those same May numbers.

question - if you don't know how they work why do use them in your posts?

blunt_crayon

OH NO!!!!!!!! Looks like the bubble in Merthyr Tydfil has burst.

Merthyr Tydfil had the most significant monthly price fall during May with a movement of -6 per cent.

http://www1.landregistry.gov.uk/assets/library/documents/hpi26june2009e.pdf

StevieJ

blunt_crayon wrote: »

"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."

if previous month = april for the monthly report in may, this means that the LR may figures should tally with haliwide's march figures, no?

It takes months to move from Haliwide approval to registered with the LR.

Graham_Devon

chucky wrote: »

they revise them as they get data in - it may be 0.2% for May but in July it may be 0.1% or 0.3% for those same May numbers.

question - if you don't know how they work why do use them in your posts?

Because I thought I knew how they worked, and I am here to learn.

My understanding is that they are always 3 months behind, based on this very board.

Now I'm being told they are four months behind, it seems, because the figures are still declining?

Can someone just tell me how many months they are behind!? I may not understand, but I'm asking for claification, not asking to just be told I dont understand.

I never said I did not understand them. I have just been TOLD I do not understand them, but not told why I'm wrong.

Everyone revises figures. But that's never been a reason to say they were 4 months behind, up until just now?

When the Merthy Tydvill stuff was being used to show increases, they were definately 3 months behind then!

StevieJ

Graham_Devon wrote: »

I never said I did not understand them. I have just been TOLD I do not understand them, but not told why I'm wrong.

They are around 3 months behind the Haliwide who are in effect also 1 month behind themselves = 4 months. So the LR May figures refer broadly to Feb Haliwide transactions. That is how I understand it, I may of course be wrong.

Graham_Devon

StevieJ wrote: »

They are around 3 months behind the Haliwide who are in effect also 1 month behind themselves = 4 months. So the LR May figures refer broadly to Feb Haliwide transactions. That is how I understand it, I may of course be wrong.

See that makes no sense.

It doesnt matter what they are behind the halifax. I want to know how many months they are behind on their own reporting.

I want to know why I am told I don't understand, when quite frankly, it looks like the goalposts have just been moved?

Wheres Generali

StevieJ

Graham_Devon wrote: »

See that makes no sense.

It doesnt matter what they are behind the halifax. I want to know how many months they are behind on their own reporting.

I want to know why I am told I don't understand, when quite frankly, it looks like the goalposts have just been moved?

Wheres Generali

I give up