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Debate House Prices
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Halifax Index for July
Comments
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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.0 -
Possibility a small negative or positive this month for Halifax(+-0.5%). Things in the North and Midlands are pretty stable.0
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My crystal ball is telling me it will be down by 0.5%.
Rob0 -
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.0 -
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.[EMAIL="abuse@moneysavingexpert.com?subject=Reporting%20post%20http://forums.moneysavingexpert.com/showpost.html?p=23824331"]
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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.0 -
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.0 -
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.0 -
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.0 -
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This graph proves Brown is a complete and utter pr1ck.0
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