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RoS: Scottish House Prices Rise 5.5% in last 28 days

http://biztech.caledonianmercury.com/2010/08/23/scottish-house-prices-up-by-5-5/

:D

And Aberdeen up 7% to within £300 of all time peak.
:beer: :beer: :beer: :beer: :beer:

And yes, I know, it's peak summer selling season, they'll dip again over winter just like every year, the 28 day stats are pretty noisy, and this peak may only last a week or two.

But it's nice to see the recovery is almost complete.:cool:
“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”
«134567

Comments

  • boomerangs
    boomerangs Posts: 284 Forumite
    RoS: Scottish House Prices Rise 5.5% in last 28 days :cool:

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  • headcone
    headcone Posts: 536 Forumite
    boomerangs wrote: »
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    So funny,so original,you must have been touched by the genius fairy dust.

    Get real boring twit.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    http://www.heraldscotland.com/news/home-news/property-market-in-scotland-falls-back-1.1050118
    Scotland’s’ property market has gone into reverse less than a month after figures showed it was bouncing back with prices higher in almost every area of the country.
    The slight rise in the average house price to £159,217 over the last six months, offering encouraging signs of recovery from the recession, has now started fall back, the Scottish House Price Monitor has found.
    I'm guessing your "guest writer" is actually more accurate than the Scottish House Price Monitor? :)
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I'm guessing your "guest writer" is actually more accurate than the Scottish House Price Monitor? :)

    I don't need to guess...... I know full well the Register of Scotland www.ros.gov.uk is actually more accurate than the "Scottish House Price Monitor".:cool:
    “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”
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 25 August 2010 at 9:19PM
    I don't need to guess...... I know full well the Register of Scotland www.ros.gov.uk is actually more accurate than the "Scottish House Price Monitor".:cool:

    It was just the guest writer, and one single paragraph which got me.

    Obviously, far more accurate than anyone else! They say they are up ;)

    East Dunbartonshire is up 33%. This is fantastic :)

    Screw the other guys!
  • the_flying_pig
    the_flying_pig Posts: 2,349 Forumite
    edited 25 August 2010 at 9:28PM
    i don't want to get into a tedious discussion with you about this hamish, i don't know or care anything about this outfit's methodology or scottish prices generally, but others may be interested in your thoughts on the following:

    (1) ROS URL]http://www.ros.gov.uk/public/news/latest_house_prices.html#[/URL says that, as of july 2010 'Aberdeen City' was up 2.4% YoY; but
    (2) in the last *month* Aberdeen was apparently up 7.7% MoM.

    so does this mean that June 2010 Aberdeen prices were fully 5% lower than July 2009 Aberdeen prices? and that Aberdeen's only up 2.4% YoY, i.e. falling in real terms? not bad but not altogether consistent with the Weimar Republic style pwoperdee inflation that you're always rabbiting on about?
    FACT.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    so does this mean that June 2010 Aberdeen prices were fully 5% lower than July 2009 Aberdeen prices? and that Aberdeen's only up 2.4% YoY,

    June 2007 £177,000---June 2008 £174,000---June 2009 £167,000---June 2010 £180,000.

    Latest 28 days (as of mid July 2010) £188,621.

    All time peak, July 2007, £188,925

    July 2009 £173,412
    “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”
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    June 2007 £177,000---June 2008 £174,000---June 2009 £167,000---June 2010 £180,000.

    Latest 28 days (as of mid July 2010) £188,621.

    All time peak, July 2007, £188,925

    July 2009 £173,412

    Couple of million quid houses sold this month, and recovery will be in the bag! :)
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Couple of million quid houses sold this month, and recovery will be in the bag! :)


    Plenty of specific examples of individual properties in Aberdeen selling for more today than they did in 2006/2007.

    Including mid and low end places.

    162, Forest Avenue, Aberdeen, AB15 4UN
    -Dec-2009 £280,000
    Dec-2006 £255,500

    98, Union Grove, Aberdeen, AB10 6SA
    Jun-2010 £130,000
    Apr-2007 £91,500

    305, Union Grove, Aberdeen, AB10 6TD
    May-2010 £121,121
    Oct-2007 £115,000

    57, Chapel Street, Aberdeen, AB10 1SS
    Jun-2010 £170,000
    Mar-2007 £156,777

    58e, Chapel Street, Aberdeen, AB10 1SN
    Jun-2010 £145,000
    Aug-2006 £110,000

    398, King Street, Aberdeen, AB24 3BY
    Jun-2010 £125,000
    Dec-2007 £124,000

    394, King Street, Aberdeen, AB24 3BQ
    May-2010 £132,500
    Oct-2007 £130,501
    “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”
  • poppycod
    poppycod Posts: 1,400 Forumite
    Plenty of specific examples of individual properties in Aberdeen selling for more today than they did in 2006/2007.

    Including mid and low end places.

    162, Forest Avenue, Aberdeen, AB15 4UN
    -Dec-2009 £280,000
    Dec-2006 £255,500

    98, Union Grove, Aberdeen, AB10 6SA
    Jun-2010 £130,000
    Apr-2007 £91,500

    305, Union Grove, Aberdeen, AB10 6TD
    May-2010 £121,121
    Oct-2007 £115,000

    57, Chapel Street, Aberdeen, AB10 1SS
    Jun-2010 £170,000
    Mar-2007 £156,777

    58e, Chapel Street, Aberdeen, AB10 1SN
    Jun-2010 £145,000
    Aug-2006 £110,000

    398, King Street, Aberdeen, AB24 3BY
    Jun-2010 £125,000
    Dec-2007 £124,000

    394, King Street, Aberdeen, AB24 3BQ
    May-2010 £132,500
    Oct-2007 £130,501

    must be a lot of cretins in Aberdeen then.
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