House prices fell by 0.4% in May.

lemonjelly

chucky wrote: »

depends if you decide to use seasonally adjusted or unadjusted if there is a fall or a price rise

the desperate ones tend to be inconsistent and use what ever suits their desperate times

Kinda reminds me of Hamish threads where he repeatedly posts "the bears ain't got no answer for this I'm right hpi is back", immediately followed by 1 sensible retort & he logs off for a few hours & hopes no-one notices...:D

Really2

Graham_Devon wrote: »

The ONLY people using the word crash on this thread, is yourself and chucky.

No one else has even mentioned it.

Oh silly me, disagreeing with me on stagnation was because he though a boom was coming.:p

GD come on.... Must try harder.

I do find it hard to spot bulls I must admit.

chucky

Graham_Devon wrote: »

Desperate?

This graph has been used consistently, by both sides of the fence, for over a couple of years now.



No one is being desperate. They are using the very same statistics that have been used throughout....in nearly every months house price threads!!

no Graham - you're not understanding...

you have a graph for Year-on-Year numbers. there is a very big difference. you can have a monthly increase but YoY falls.

the monthly report is something else... you need to look at each months data if it is seasonally

adjusted or not adjusted. adjusted is currently two months falls of 0.5% and unadjusted is only one months fall of 0.9%. take the one that you prefer...

lemonjelly

Graham_Devon wrote: »

The ONLY people using the word crash on this thread, is yourself and chucky.

chucky wrote: »

wrong again - actually it's 5 people including me and Really

angrypirate
kennyboy66
Wheezy

so what is your point...

I've thought about this long & hard.

I've concluded that you're both wrong. It isn't a crash, it's a slump!:D

chucky

lemonjelly wrote: »

I've thought about this long & hard.

I've concluded that you're both wrong. It isn't a crash, it's a slump!:D

maybe... but at least my maths is better and understand the difference between YoY numbers and monthly reports :eek:

ILW

Does anybody remember a couple of years ago whem Gordon Brown refused to use the word recession for months on end.

Graham_Devon

chucky wrote: »

maybe... but at least my maths is better and understand the difference between YoY numbers and monthly reports :eek:

I understand the difference.

You went on about something completely different. You stated that people are now changing the data used.

I simply said the same data has consistently been used, and that graph, showing Halifax and Nationwide has consistently been posted.

Therefore, the data used, across monthly house price threads is the same. Whether prices have gone up or down.

You seem to be fixated on the seasonal adjustment aspect. The seasonal adjustment has always been used to create the figures you see in that graph.

All I was saying is the same data is being used, in response to your accusation that people are now spinning it.

Wasn't anything to do with your response about not understanding YOY and MOM rises or falls. Thats a completely different tangent.

Thrugelmir

Generali wrote: »

and go for someone who promises to spend their way out of trouble and you get bitten hard by the markets with similar ultimate consequences (austerity and a return to fiscal probity).

As you've said yourself in another post. Japan had sufficent consumer savings to absorb a high proportion of Government debt issusance. Difficult to see a main stream politician even make such a promise now. As the markets would savage the £ before the election was even over.

chucky

ILW wrote: »

Does anybody remember a couple of years ago whem Gordon Brown refused to use the word recession for months on end.

i hear you my brother. that's exactly the same as when the Wolves fans refused to accept that they were on a two season holiday in the Premier League.

Thrugelmir

ILW wrote: »

Does anybody remember a couple of years ago whem Gordon Brown refused to use the word recession for months on end.

What recession? Haven't noticed it yet.

Thanks Gordon.