Wish the Guardian would learn to read house price figures....

carolt

http://www.guardian.co.uk/business/2009/jul/27/hometrack-house-prices-survey

Spot the (deliberate? accidentally idiotic?) mistake......

Graham_Devon

91% are getting their asking prices are they!?

baileysbattlebus

Graham_Devon wrote: »

91% are getting their asking prices are they!?

I know - Hometrack actually say that sellers are achieving 91.5% of their asking price.

The proportion of asking price being achieved has also increased - for the fourth month in a row - from 88.3% in February 2009 to the current 91%.

The report is also a month old - so it could be different now compared to the end of June.
http://www.hometrack.co.uk/commentary-and-analysis/house-price-survey/20090629.cfm

baileysbattlebus

carolt wrote: »

http://www.guardian.co.uk/business/2009/jul/27/hometrack-house-prices-survey

Spot the (deliberate? accidentally idiotic?) mistake......

Who are The Guardian employing these days??

Dan:_4

Graham_Devon wrote: »

91% are getting their asking prices are they!?

Are you calling Hometrack liars?

Cannon_Fodder

For the benefit of the hard of understanding, the Guardian printed;

"the number of sellers achieving their asking price has continued to grow. It rose to 91.5% in July from a low of 88.3% in January."

Hometrack actually printed;

"The proportion of the asking price achieved rose to 91% in June from a recent low of 88.3%. As long as this measure remains below 93% prices are likely to remain static or under downward pressure."

In addition to what BBB has already provided, which was;

"The proportion of asking price being achieved has also increased - for the fourth month in a row - from 88.3% in February 2009 to the current 91%."


No-one has called Hometrack liars, the point of the thread was to confirm the Guardian's shoddy reputation for reporting facts accurately.

chucky

Cannon_Fodder wrote: »

For the benefit of the hard of understanding, the Guardian printed;

"the number of sellers achieving their asking price has continued to grow. It rose to 91.5% in July from a low of 88.3% in January."

Hometrack actually printed;

"The proportion of the asking price achieved rose to 91% in June from a recent low of 88.3%. As long as this measure remains below 93% prices are likely to remain static or under downward pressure."

In addition to what BBB has already provided, which was;

"The proportion of asking price being achieved has also increased - for the fourth month in a row - from 88.3% in February 2009 to the current 91%."


No-one has called Hometrack liars, the point of the thread was to confirm the Guardian's shoddy reputation for reporting facts accurately.

91% of sellers are achieving their asking price is quite high - why would this be a mistake?

the time to sell is looking pretty impressive too - only one week from being at 2006 levels and a 2 from 2003/2004


http://www.hometrack.co.uk/CFIDE/GraphData.cfm?graphCache=wc50&graphID=Images/6667288020101658.PNG

mewbie_2

chucky wrote: »

the time to sell is looking pretty impressive too - only one week from being at 2006 levels and a 2 from 2003/2004

That's impressive. Must be a real p1sser for those people who have been trying to sell for eighteen months or more. And there are LOTS of those on Property Bee. Some of them will be lucky to get 50% of asking. Lol.

chucky

mewbie wrote: »

That's impressive. Must be a real p1sser for those people who have been trying to sell for eighteen months or more. And there are LOTS of those on Property Bee. Some of them will be lucky to get 50% of asking. Lol.

it has now been confirmed - Hometrack are officially liars.

Graham_Devon

Dan: wrote: »

Are you calling Hometrack liars?

Blimey, thats a bit desperate isnt it?

bluey890

carolt wrote: »

http://www.guardian.co.uk/business/2009/jul/27/hometrack-house-prices-survey

Spot the (deliberate? accidentally idiotic?) mistake......

reading the Guardian?