MSE News: Nationwide: house price growth slowing

chucky

MORPH3US wrote: »

I always look forward to these threads

these threads are dead now... they've gone from the denial stage to anger stage to acceptance stage now.

chucky

ruggedtoast wrote: »

The truth is out there in the market, actual buying and selling prices. Even people who really want to believe the Nationwide index are starting to question it's validity now.

which people toasty?

people on hpc.co.uk or made up people?

HAMISH_MCTAVISH

ruggedtoast wrote: »

The truth is out there in the market, actual buying and selling prices. Even people who really want to believe the Nationwide index are starting to question it's validity now.

Thats the way.

You and carolt keep up the good work.

Chin up, never admit defeat, deny everything, etc.....:T

And when all else fails, you can just stick your fingers in your ears and say "la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la a la la la al la la la la al la la la" really loudly until we all get bored and go away.:D

inspector_monkfish

StevieJ wrote: »

I thought the expectation was 1.9% higher YOY , as per your post


Economists were expecting the Nationwide house price index to rise 0.7% on the month and 1.9% on the year in October, according to a Dow Jones Newswires survey of economists last week.

Whereas
Property prices were 2% higher in October than in the same month the previous year, with the average home costing £162,038.

was expected 0.7% for the month, but came in at 0.4%

HAMISH_MCTAVISH

chucky wrote: »

these threads are dead now... they've gone from the denial stage to anger stage to acceptance stage now.

No, pretty sure toasty and carlot are still firmly ensconsed in the denial stage.:D

Really2

As it not been under forecast by over 1% this year.(Can't remember a fuss being made about being over 1% out)

I think everyone accepts the forecast is a guess. when was the last time it was dead on?

the_ash_and_the_oak

dont really understand why anyone would refute the figures imo. (differing opinions on the reasons behind them make sense but not dismissal imo o

chucky

the_ash_and_the_oak wrote: »

dont really understand why anyone would refute the figures imo. (differing opinions on the reasons behind them make sense but not dismissal imo o

Mr Toast is a clever boy - he enjoys the banter

ruggedtoast

chucky wrote: »

which people toasty?

people on hpc.co.uk or made up people?

I don't go there much old chap - 'tis a depressing place full of hysterical types who read far too much into VI indexes that use dodgy opaque methodology to try and divert attention from their own teetering loan books.

Some of them aren't very realistic about their expectations for affordable property either - there is much more stuff around at lower prices now than there was a year ago - in my observation - but anyone expecting to pick up a 3 bed semi in the stockbroker belt for £170k was always going to be disappointed.

inspector_monkfish

Really2 wrote: »

As it not been under forecast by over 1% this year.(Can't remember a fuss being made about being over 1% out)

I think everyone accepts the forecast is a guess. when was the last time it was dead on?

june 1983