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Debate House Prices
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Shock as Edinburgh house prices fall 12%
Comments
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ruggedtoast wrote: »Maybe I have been too hard on him. I did not realise he was a ginger.
Nevertheless if thats the case I'd still have to steal his penguin and then throw his bag up so it gets caught on the fence.
I'm sorry to dissapoint you, but I think Hamish is happily married.
he probably doesn't swing from your side of the fence
:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
IveSeenTheLight wrote: »Yes there is Graham.
It's ASKING prices and is from home.co.uk.
Thanks for highlighting in bold and caps what I had highlighted in bold and caps.
If you hadn't have done that, I may have missed that!0 -
Graham_Devon wrote: »Thanks for highlighting in bold and caps what I had highlighted in bold and caps.
If you hadn't have done that, I may have missed that!
No problem Graham.
I thought I'd highlight in bold and caps as although you had carried out similar, you still see a significance in asking prices.
I would have thought the amount of time you have been involved in prices oop north, you'd have realised the most appropriate source to use :wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
IveSeenTheLight wrote: »No problem Graham.
I thought I'd highlight in bold and caps as although you had carried out similar, you still see a significance in asking prices.
So you are saying then that asking prices hold absolutely no significance in Aberdeen.
Righty-o chap.
Pretty amazing place this Aberdeen isnt it.0 -
Where's hamish today, did he lose his kilt or something?0
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McTittish must be in detention for making so many mistakes on his economics exam."The problem with quotes on the internet is that you never know whether they are genuine or not" -
Albert Einstein0 -
mortgage_adviser wrote: »
Hamish where are you :rotfl::rotfl::rotfl:
Celebrating....:beer:
Aberdeen saw the biggest rise, with prices going up 13.4 per cent in the last quarter, and the north of Scotland as a whole experiencing a positive trend.
:rotfl::rotfl::rotfl::rotfl:
In all fairness, theres no way Aberdeen prices rose 13% in 3 months, and theres no way Edinburgh prices fell 12% in 3 months.
The RoS and SPC actual sold price data both contradict this report.
Depite the fact I'd love to gloat about Aberdeens 13% rises.... It's just not true.
Lloyds obviously have an error in their sampling methodology.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
HAMISH_MCTAVISH wrote: »Celebrating....:beer:
Or staying in bed all day as all this rotten news about falling markets is flying about 0 -
Graham_Devon wrote: »So you are saying then that asking prices hold absolutely no significance in Aberdeen.
Righty-o chap.
Pretty amazing place this Aberdeen isnt it.
I don't think asking prices as an index is the best anywhere.
I've explained before how monitoring asking prices is flawed.
Once more in case you get it this time.
A property was last bought for £90k
In general property has increased so the owner decides to test his hand and market at £150k
It doesn't sell.
So he reduces the asking price to £120k and sells the property.
Now Graham, has the property: -
a) Increased in price by 33% ((120/90)-1)*100%
or
b) reduced in price by 20% ((120/150)-1)*100%
Can you see now how monitoring the asking prices means little when it comes to what actual sales prices achieve?:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0
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