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Acadametrics July HPI +0.1%

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Comments

  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    DervProf wrote: »
    OK, please show me the calulation that results in 1.9999% or 2%.
    take the results from Jan starting at 100 and calculate the % increase since then.
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    Here's the Acadametrics link:

    http://www.acadametrics.co.uk/LSL%20Acad%20HPI%20News%20Release%20July%2010.pdf

    Some interesting data. And just to confuse the issue, they appear to have revised the extent of the previous 3 months falls.
    If I don't reply to your post,
    you're probably on my ignore list.
  • DervProf
    DervProf Posts: 4,035 Forumite
    edited 13 August 2010 at 12:19PM
    chucky wrote: »
    take the results from Jan starting at 100 and calculate the % increase since then.

    Which I did.

    I made the answer 1.289%, so suggested that Hamish was "rounding up" the figure to 2%.

    You replied......

    "it looks like it's you "rounding up" not me... :)"
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    DervProf wrote: »
    Which I did.
    you're actually right - it was Hamish that rounded it up to 2%.

    that will teach me to listen to Hamish

    it should be +1.28% instead of +1.3% if you just added the perecentages together - very minor difference.

    i was looking at this without checking Hamish's 2% number
    100 minus 1% = 99.00
    99 plus 1% = 99.99

    so it would need a 1.01% increase to get back to the original level of 100...
  • DervProf
    DervProf Posts: 4,035 Forumite
    chucky wrote: »
    you're actually right - it was Hamish that rounded it up to 2%.

    that will teach me to listen to Hamish

    it should be +1.28% instead of +1.3% if you just added the perecentages together - very minor difference.

    i was looking at this without checking Hamish's 2% number

    Nice one chucky.

    I thought you might accuse me of causing trouble, but my intention was only to point out a slight error or exaggeration by Hamish. When I looked at the data given, 2% didn`t look right.

    It`s academic now, as Rinoa has pointed out that the figures have been revised.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    DervProf wrote: »
    I thought you might accuse me of causing trouble, but
    why would i think that?
    DervProf wrote: »
    but my intention was only to point out a slight error or exaggeration by Hamish.
    i agree, i find that it's always good to see the true facts.

    but... it may be a coincidence but the revisions actually work out to 2%
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    chucky wrote: »
    you're actually right - it was Hamish that rounded it up to 2%.

    that will teach me to listen to Hamish

    it should be +1.28% instead of +1.3% if you just added the perecentages together - very minor difference.

    i was looking at this without checking Hamish's 2% number

    Maybe Hamish actually looked at today's Acadametrics link rather than assuming Brit's figures were right.

    http://www.acadametrics.co.uk/LSL%20Acad%20HPI%20News%20Release%20July%2010.pdf

    :T
    If I don't reply to your post,
    you're probably on my ignore list.
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    Rinoa wrote: »
    Maybe Hamish actually looked at today's Acadametrics link rather than assuming Brit's figures were right.

    http://www.acadametrics.co.uk/LSL%20Acad%20HPI%20News%20Release%20July%2010.pdf

    :T

    This seems to me looking at 2010 as many predicted, a stagnant year.

    The YOY will lower and real time stagnation os what would benefit most.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • DervProf
    DervProf Posts: 4,035 Forumite
    Rinoa wrote: »
    Maybe Hamish actually looked at today's Acadametrics link rather than assuming Brit's figures were right.

    http://www.acadametrics.co.uk/LSL%20Acad%20HPI%20News%20Release%20July%2010.pdf

    :T


    Maybe he did, but he quoted the old figures, so I simply pointed out the error on what he posted.

    :dance:
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    DervProf wrote: »
    Maybe he did, but he quoted the old figures, so I simply pointed out the error on what he posted.

    :dance:

    So everyone is a winner then.
    Hamish as he actually gets the larger HPI figure and yourself as he quoted some rubbish.

    Break out the champagne..... I'm buying.

    (Well actually my tenant is but that's the way this BTL lark works)
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