BBC: Scottish Property Prices Reach All Time High

geneer

IveSeenTheLight wrote: »

And an update for Novembers release.
Latest release info
Edinburgh Nov 10 = £211,777
http://www.ros.gov.uk/pdfs/la_nov_10.pdf

Dec's stats will be out soon

Thanks for the old news babe.

IveSeenTheLight

geneer wrote: »

Thanks for the [STRIKE]old [/STRIKE]latest news babe.

Fixed that for you.
One day you'll be able to articulate the facts correctly.

geneer

IveSeenTheLight wrote: »

Fixed that for you.
One day you'll be able to articulate the facts correctly.

Stats published a Month ago. :rotfl:
For november. :rotfl:
Stop the press! :T

PS I'm guessing you didn't notice the price being down £11K on october. :rotfl:

IveSeenTheLight

geneer wrote: »

Stats published a Month ago. :rotfl:
For november. :rotfl:
Stop the press! :T

PS I'm guessing you didn't notice the price being down £11K on october. :rotfl:

It's been a few pages, so I understand if you forgot the fact that I published the stats in graph form.
It's a flaw you have, forgetting facts.

Nevermind, here's a reminder again for you.



Try to remember the methodology used. It helps to understand why individual monthly figures can be noisy and fluctuate a bit.

IveSeenTheLight

geneer wrote: »

PS I'm guessing you didn't notice the price being down £11K on october. :rotfl:

As per the above graph I published, I clearly showed the £11k drop in November.
You clearly didn't notice the rise earlier in 2010 from £202,332 in Jan 10 up to £235,088 in August.

That said, I understand that individual monthly averages cannot be simply used in a direct monthly comparison due to the methodology used (no mix adjusting)

smeagold

A temporary recovery from a prolonged decline or bear market, after which the market continues to fall

IveSeenTheLight

smeagold wrote: »

A temporary recovery from a prolonged decline or bear market, after which the market continues to fall

Hos does that correlate to the figures released from the Register of Scotland Executive Agency?

How does a dead cat bounce higher than the previous peak?

Prices in Scotland have not really crashed.
They corrected a little, recovered and have now been pretty stagnant for the last 3 years (few months up / few months down)

geneer

IveSeenTheLight wrote: »

It's been a few pages, so I understand if you forgot the fact that I published the stats in graph form.
It's a flaw you have, forgetting facts.

Nevermind, here's a reminder again for you.

Sorry, I though you might be explaining why it wasn't old news, but instead here you are telling me that your just repeating youself from a whole month ago. :rotfl::rotfl::rotfl:

IveSeenTheLight wrote: »

As per the above graph I published, I clearly showed the £11k drop in November.

NOOOOOOOOOOOOOOOOOOO! not an 11K drop.
I'm gutted.

IveSeenTheLight wrote: »

You clearly didn't notice the rise earlier in 2010 from £202,332 in Jan 10 up to £235,088 in August.

You mean that so called "new peak" which I correctly pointed out was meaningless statistical skew, which the estate agents in fact stated was statistical skew, which was predicted to drop out, and is now doing so at a fair old rate.

Nah. Didn't notice that.

geneer

Incidentally, check out the uncanny accuracy of that 3 month land leg lag. Seems like the BOE know what they are talking about.

http://forums.moneysavingexpert.com/showpost.php?p=40799200&postcount=10

IveSeenTheLight

geneer wrote: »

You mean that so called "new peak" which I correctly pointed out was meaningless statistical skew, which the estate agents in fact stated was statistical skew, which was predicted to drop out, and is now doing so at a fair old rate.

Nah. Didn't notice that.

LOL, so it's a "meaningless statistical skew" when rising but confirmed drops when falling.

There is extreme noise given the methodology, which is why I said you needed to take a broader perspective.

You can clearly see the trend over the longer period