HUGE 10%+ year on year gains coming up...

the_ash_and_the_oak

tbf I believe all the indexes (I believe all anecdotals as well - they are all relevant in diff ways imo) - but because of lower volumes I do sort of understand if people don't. If I lived in a village and there werent many houses anyway and then volumes drop on top of that I mightn't put much store in indexes because that might not be happening "in my area", because nothing at all might be happening

chucky

the_ash_and_the_oak wrote: »

tbf I believe all the indexes (I believe all anecdotals as well - they are all relevant in diff ways imo) - but because of lower volumes I do sort of understand if people don't. If I lived in a village and there werent many houses anyway and then volumes drop on top of that I mightn't put much store in indexes because that might not be happening "in my area", because nothing at all might be happening

from another thread

Cannon_Fodder wrote: »

Something that "screen-scrapes" mortgages, or savings, or bank accounts and their associated charges, or a house price index that isn't influenced by vested interests...? (!!)

when the indexes were negative , there was no issues with these indexes, but now they are positive it seems to grate and bother that things may not be going their way...

the_ash_and_the_oak

pretty much

the_ash_and_the_oak wrote: »

people seemed to deny they were going down and then some other people denied they were going up

all indexes are valid - whether they are 'biased' or not is kinda irrelevant because any bias would be constant anyway

Thrugelmir

chucky wrote: »

really? i think you need to speak to these guys
http://www.nationwide.co.uk/hpi/feedback_form.asp

What we are seeing is regional variations.

In many areas the "recession" has had little impact in terms of jobs lost.

Next year will see more job losses than gains.

May be then some unaffected areas may show a different picture.

chucky

Thrugelmir wrote: »

What we are seeing is regional variations.

In many areas the "recession" has had little impact in terms of jobs lost.

Next year will see more job losses than gains.

May be then some unaffected areas may show a different picture.

i thought that you meant this :rolleyes:

Thrugelmir wrote: »

Seems that house prices aren't increasing as some people are suggesting they are......

Thrugelmir

chucky wrote: »

i thought that you meant this :rolleyes:

No , this.

with prices higher in just 2% of postcodes.

Paints a very different picture to rampant HPI. Very selective in fact.

chucky

Thrugelmir wrote: »

No , this.



Paints a very different picture to rampant HPI. Very selective in fact.

i took the previous quote from the same post.

is anyone claiming that we have rampant HPI?? quick report them - get them PPR'd!!

Thrugelmir

chucky wrote: »

i took the previous quote from the same post.

is anyone claiming that we have rampant HPI?? quick report them - get them PPR'd!!

like the thread title you mean? :rolleyes:

'HUGE 10%+ year on year gains coming up...

System

Thrugelmir wrote: »

like the thread title you mean? :rolleyes:

If you think about the thread title for a second, 10% YoY seems pretty likely in a couple of months.

Graham_Devon

chucky wrote: »

when the indexes were negative , there was no issues with these indexes, but now they are positive it seems to grate and bother that things may not be going their way...

And when falling Nationwide was dropped in favour for the LR. The LR was the be all and end all at the time, remember?

We'd have graphs pulled from Merthr Tydvil by yourself, ISTL etc from the LR to prove actually house prices were rising in some very local areas.

Everything was discounted, unless it was from the LR.

But now, LR has been dumped as quick as Merthr Tydvil was when it showed a monthly drop.

Now, everything refers to the Nationwide, as it shows the highest prices.

But you'd rather have us believe the bulls and yourself are whiter than white when it comes to such issues.