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Halifax Hpi September 2010 -3.6%
Comments
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let's give this a 'blip' another bump...So why are people still talking about it then
“For the time being I would regard that move in house prices you saw in the Halifax index, which wasn’t replicated in the Nationwide house-price index, as an indicator of volatility in the market rather than the start of a pronounced downward trend,” Sentance said in response to questions after a speech in London late yesterday.
http://www.bloomberg.com/news/2010-10-13/sentance-says-bank-of-england-faces-increasing-risk-of-credibility-loss.html0 -
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The 3.6% fall was very important to my mind because it very likely proved that the reported halifax august/september HPI was due to measurement error only.
But, of course, it doesn't mean that we can expect it to happen every month and that we'll be 36%* down in 10 months' time or anything silly like that.
* - yes, i know, this is a not-very-good linear approximation...FACT.0 -
It was important, just because it was record breaking
Many really did have no choice but to stuff their pipe and smoke it 0 -
graheme maybe becasue its a record breaker explains why the thread is so poplarGraham_Devon wrote: »It was important, just because it was record breaking0 -
30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0
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you're a good woman !!!!!! - one of the more popular... ahem... wink, wink...Dirk_Rambo wrote: »graheme maybe becasue its a record breaker explains why the thread is so poplar
yet another bump... wink, wink0 -
Dirk_Rambo wrote: »nice one clucky. i cant thank you enough
You won`t be thanking him when the figure is -4.8%, and he bumps this thread.30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
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