Debate House Prices
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Rightmove HPI
Procrastinator333
Posts: 1,694 Forumite
Out in 90 mins time...
Anyone care for a punt? Can we really have a 4th straight month of falls for the Rightmove index? I'm not convinced. Going for a slight bounce back of + 0.5% (though I think the trend is down for the coming months).
As a slight aside, the data they are releasing is for "October". But it is October the 18th. Seems a bit odd. Unless the take everything from the date of the last survey to yesterday or something. But it can't be the October movement as October isn't done?
Anyway. Any body else care to play? I'm tempted to almost start a running competition on this. Something like 5 points for exact, 3 points for +-0.1 either side and 1 point for +-0.2 either side. Could then keep a running total for RICS/LR/NAT/HAL/RM. Is this of any interest, or should I just get out more?
Anyone care for a punt? Can we really have a 4th straight month of falls for the Rightmove index? I'm not convinced. Going for a slight bounce back of + 0.5% (though I think the trend is down for the coming months).
As a slight aside, the data they are releasing is for "October". But it is October the 18th. Seems a bit odd. Unless the take everything from the date of the last survey to yesterday or something. But it can't be the October movement as October isn't done?
Anyway. Any body else care to play? I'm tempted to almost start a running competition on this. Something like 5 points for exact, 3 points for +-0.1 either side and 1 point for +-0.2 either side. Could then keep a running total for RICS/LR/NAT/HAL/RM. Is this of any interest, or should I just get out more?
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Comments
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Unless you're going to set up an app that enables people to set their own guesses and it automatically calculates the points ... you'd be making a pointless rod for your own back.Procrastinator333 wrote: »just get out more?
If there's one thing I've learnt from doing stuff online it's: automation, automation, automation.
Setting anything up manually becomes a waste of time as it's just too much hard work to keep it up ... and people whine far too much, too loudly and too often. They're ungrateful and unwashed.
Just get out more.0 -
pasturesnew wrote: »unless you're going to set up an app that enables people to set their own guesses and it automatically calculates the points ... You'd be making a pointless rod for your own back.
If there's one thing i've learnt from doing stuff online it's: Automation, automation, automation.
Setting anything up manually becomes a waste of time as it's just too much hard work to keep it up ... And people whine far too much, too loudly and too often. They're ungrateful and unwashed.
Just get out more.
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Procrastinator333 wrote: »Is this of any interest, or should I just get out more?
You should get out more.:D“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”0 -
+ 3.1% October 20100
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This is asking prices right?
+5%..................Not Again0 -
HAMISH_MCTAVISH wrote: »You should get out more.:D
Precisely.
Its a good measure of how many complete nutters are about out there who get hooked on the media talking the market up when there isn't one. Just a load of gullible buyers & a few bargains.Not Again0 -
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HAMISH_MCTAVISH wrote: »You should get out more.:D
you should stay out more (this forum, that is)0 -
+ 3.1% October 2010
Absolute Genius.
The capacity of the Great British homeowning public to resist any notion of a house price crash never fails to amaze me.
“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”0 -
HAMISH_MCTAVISH wrote: »Absolute Genius.
The capacity of the Great British homeowning public to resist any notion of a house price crash never fails to amaze me.
That is the rush & panic effect with a few take the !!!!ers thrown in.Not Again0
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