We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Halifax Index for July

13

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    mbga9pgf wrote: »

    Oh, and the fact that the halifax has the largest share of the market. IN such low volume times, do youy go for the smaller or larger data sample?

    28% of 40,000 isn't enough to predict a wider market. They must be pulling in data from elsewhere to get a good enough sample to forecast on.
  • themanbearpig
    themanbearpig Posts: 481 Forumite
    Part of the Furniture Combo Breaker
    edited 31 July 2009 at 9:46PM
    Possibility a small negative or positive this month for Halifax(+-0.5%). Things in the North and Midlands are pretty stable.
  • Snooze
    Snooze Posts: 2,041 Forumite
    1,000 Posts Combo Breaker
    My crystal ball is telling me it will be down by 0.5%.

    Rob
  • Heyman_2
    Heyman_2 Posts: 1,819 Forumite
    mbga9pgf wrote: »
    Because the halifax havent been deleting sections of their data from the lower valued properties in the index.

    I thought that was the LR doing that, not Nationwide. Plus, Nationwide are the biggest Building Society in the UK and didn't take any Government money, whereas HBOS on the other hand had to be bailed out with a huge amount of taxpayers cash.

    If you are suggesting any kind of VI bias then you're looking at the wrong organisation.
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    I thought that was the LR doing that, not Nationwide.

    Nope. The Nationwide form their own data, its not derived from the LR.
    BS but the Halifax lends far more as a non-BS. They lned far more than the Nationwide.
    If you are suggesting any kind of VI bias then you're looking at the wrong organisation.

    user_offline.gif [EMAIL="abuse@moneysavingexpert.com?subject=Reporting%20post%20http://forums.moneysavingexpert.com/showpost.html?p=23824331"]report.gif[/EMAIL]

    I Would never do any such thing. I was asked why I would trust one index over another, or rate one more highly above the other.
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    mbga9pgf wrote: »
    Nope. The Nationwide form their own data, its not derived from the LR.
    BS but the Halifax lends far more as a non-BS. They lned far more than the Nationwide.



    I Would never do any such thing. I was asked why I would trust one index over another, or rate one more highly above the other.

    Roughly translated:

    If an index shows a positive then it's b.ollocks.

    If it shows a negative then it's spot on.
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    No, if an index cuts out large swathes of its data, then its not as trustworthy than an index that doesnt.

    THe Halifax has shown price rises too; I am predicting a positive rise in the Halifax so I dont see your point you labour voting dullard.
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    mbga9pgf wrote: »
    No, if an index cuts out large swathes of its data, then its not as trustworthy than an index that doesnt.

    THe Halifax has shown price rises too; I am predicting a positive rise in the Halifax so I dont see your point you labour voting dullard.

    The accuracy between Nationwide / Halifax means very little - what matters is the press and television coverage of the figures. All day Thursday / Friday we heard nothing but "House prices rise again", "The Crash is over" and "now is the time to buy"

    99.9% of the general public do not spend all day on MSE and looking for holes in the statistics - they believe what they read/see and will act accordingly which will increase market sentiment, and that's all you need.

    If your hoping for a second [significant] house price crash, your gonna be gutted.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Dan: wrote: »
    Roughly translated:

    If an index shows a positive then it's b.ollocks.

    If it shows a negative then it's spot on.

    Roughly translated by who? Someone who cannot read words on a screen?
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    206.gif

    This graph proves Brown is a complete and utter pr1ck.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.