MSE News: Land Registry: monthly house prices drop 0.6%

System

doire wrote: »

Well i never! A bull backing up Haliwide figures

Firstly, I'm not really a bull, secondly, as you have no valid response, I assume you have no counter-argument.

Harry_Powell

carolt wrote: »

You said in several previous posts you had a 700K mortgage.

Not clear why this should make me 'angry' - I think 'pity' would be a better word to describe my feelings towards anyone with a mortgage like that. Coupled with a certain amount of impatience at and disdain for anyone without a huge salary who would get themself into debt like that.

I've just used an online tool and it says that chucky would need a £140k per year salary for a £700k mortgage. Way to go chucky for such a good income. (joke - I've seen carolt use this 'you posted <insert ridiculous statement here> several times and have now deleted all trace of it' debating technique before. It doesn't do you justice carolt, you're better than this.

Jonbvn

Harry_Powell wrote: »

It doesn't do you justice carolt, you're better than this.

Whatever gave you that impression???;)

doire_2

Joeskeppi wrote: »

Firstly, I'm not really a bull, secondly, as you have no valid response, I assume you have no counter-argument.

As with the Halifax's figures the Nationwide's focus on mortgage approvals rather than completed deals means it can never be wholly accurate as some deals may fall through just before completion
It is only a snapshot of the market as it is restricted to its own customers. Nationwide also has a relatively smaller customer base, accounting for just 10% of the market



Like the Halifax index, the Nationwide house price index concerns the price of a typically transacted property; its main advantage is its timeliness, the main disadvantage data inaccuracy.


http://www.home.co.uk/guides/house_prices_indices/Nationwide.htm

System

That's not even remotely relevant to your low transactions sound bite and my rebuttal of it.

doire_2

Joeskeppi wrote: »

That's not even remotely relevant to your low transactions sound bite and my rebuttal of it.

The graph is inaccurate of the whole picture of whats really happening and thats all i care about

If the Nationwide show rises or falls i take it with a pinch of salt

Im away to watch the grass grow....much more interesting than talking about these figures

ess0two

doire wrote: »

The graph is inaccurate of the whole picture of whats really happening and thats all i care about

If the Nationwide show rises or falls i take it with a pinch of salt

Im away to watch the grass grow....much more interesting than talking about these figures

Watch grass grow,thought pickin spuds was more your thing?

chucky

Joeskeppi wrote: »

Your very low transaction sound bite would have some weight if we were looking at a single months figures, but we're into a 14 month trend now, which is more than enough transactions to be reliable.

But then you knew that didn't you, and I'm just feeding the troll

house prices go up with low transaction volumes = not valid as it's not representative and not what's really happening by skewing the figures.

house prices go down with even lower transaction volumes = yes, yes, celebration mode and 100% valid.

either these people are very stupid or they're just trolls

doire_2

ess0two wrote: »

Watch grass grow,thought pickin spuds was more your thing?

Was that childish comment because im Irish? Grow up you silly little boy.

doire_2

chucky wrote: »

house prices go up with low transaction volumes = not valid as it's not representative and not what's really happening by skewing the figures.

house prices go down with even lower transaction volumes = yes, yes, celebration mode and 100% valid.

either these people are very stupid or they're just trolls

See post 57