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Debate House Prices


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Halifax Hpi September 2010 -3.6%

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Comments

  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    FTBFun wrote: »
    I'm also bumping as the LR figures show the Halifax ones to be a tad off:

    http://www1.landregistry.gov.uk/houseprices/

    They are not a tad off. They are all different index's to be taken on their own merits.

    All 3 index's are falling, at this current time.

    Based year on year, they are all up. But those year on year figures are mostly made up of what's been and gone, and not really all that relevant today, now that we have moved into a different climate.

    I see how they are relevant over the long term, but in terms of whether prices are falling or rising at this moment in time, looking at each quarter would be far more beneficial to get a true picture of what's going on at the moment.
  • Blacklight
    Blacklight Posts: 1,565 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Graham_Devon wrote: »
    They are not a tad off. They are all different index's to be taken on their own merits.

    All 3 index's are falling, and the fourth which I don't think is worth taking much notice, rightmove, is also falling at this current time.

    Based year on year, they are all up. But those year on year figures are mostly made up of what's been and gone, and not really all that relevant today, now that we have moved into a different climate.

    I see how they are relevant over the long term, but in terms of whether prices are falling or rising at this moment in time, looking at each quarter would be far more beneficial to get a true picture of what's going on at the moment.

    Funny, I thought the Rightmove index showed the largest increase since 2007 last month. Must of had it upside down or something.
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Blacklight wrote: »
    Funny, I thought the Rightmove index showed the largest increase since 2007 last month. Must of had it upside down or something.

    Asking prices? You are actually using that rubbish in an arguement?
  • Blacklight
    Blacklight Posts: 1,565 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    doire wrote: »
    Asking prices? You are actually using that rubbish in an arguement?

    I'm not arguing, just correcting Mr Muddle.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Graham_Devon wrote: »
    All 3 index's are falling, at this current time.
    when looking at the facts and changes over months (with the exception of the Halifax) they all look pretty flat over the last few months...
    house_price_server.php?width=768&height=576&year_min=2008&year_max=2010&type=price&flag_q=0&flag_nw=1&flag_hf=1&flag_rm=1&flag_ft=1&flag_lr=1&flag_o=1&flag_ma=0&lag_yoy=6&lag_qoq=1.5&lag_odpm=1&leg_pos=1&flag_logy=0
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    when looking at the facts and changes over months (with the exception of the Halifax) they all look pretty flat over the last few months...

    Probably because that graph does not appear to show the last few months.
  • DervProf
    DervProf Posts: 4,035 Forumite
    Blacklight wrote: »
    I'm not arguing, just correcting Mr Muddle.

    I think we can excuse "Mr Muddle" for misquoting Rightmove. He probably expected that under the current economic circumstances, asking prices would not have risen. I was also suprised by the figures.

    "House prices only go up, house prices only go up......" > Real Economic Factors.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    Dirk_Rambo wrote: »
    does any1 know when the next set of halifax stats are out

    No but I do know that the Land Registry figures are nearly always revised and it could be that they will be revised so that the figure is 0 or positive so its one of the indices where you could find your celebration turns to tears.
  • N1AK
    N1AK Posts: 2,903 Forumite
    Part of the Furniture 1,000 Posts
    THE_GHOULS_PARADISE wrote: »
    Bloodying the nose of HPC since 2002

    You've spent 8 years throwing your time away and you're proud enough of it to proclaim it in your sig? That's a special kinda crazy.
    Having a signature removed for mentioning the removal of a previous signature. Blackwhite bellyfeel double plus good...
  • DervProf
    DervProf Posts: 4,035 Forumite
    Dirk_Rambo wrote: »
    does any1 know when the next set of halifax stats are out

    I don`t think they will ever be published again, the BBC are trying to see to that.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
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