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Debate House Prices


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BBC: Scottish Property Prices Reach All Time High

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Comments

  • geneer
    geneer Posts: 4,220 Forumite
    Of course, I would agree that monthly released data is also noisy, hence why I've posted a graph so you can reflect over a longer period ;o)

    Oh you mean the graph constructed from monthly data :rotfl::rotfl::rotfl:

    Still, you're right. Over the longer period its clear the average scotland price is well down from peak and falling. :cool:
  • geneer wrote: »
    Oh you mean the graph constructed from monthly data :rotfl::rotfl::rotfl:

    Still, you're right. Over the longer period its clear the average scotland price is well down from peak and falling. :cool:

    LOL, that statement shows you don't know what your talking about.

    Scotland Peak was seen in Aug 10.

    Most people realise and can be shown from the statistics that generally there is a drop ove rthe winter months, so nothing new here and nothing to worry about given one months data since the peak *

    * Now two months given Octobers release today
    P.S. Scotland is now at £158,244 as opposed to £159,035 in September. This represents a drop of just 0.497% from a methodology that doesn't mix adjust. Great example of a market that is well down and falling in your opinion.

    I wont get to bothered about it myself. Many of us predicted falls in the winter and they are coming true yet again.

    Keep grasping ;o)
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Most notably a swing in Edinburgh.

    Yeah - well we know which way the Edinbergers swing ;)
  • geneer
    geneer Posts: 4,220 Forumite
    LOL, that statement shows you don't know what your talking about.

    Apologies. I was unaware that your graph wasn't made up of the monthly figures. :rotfl::rotfl::rotfl:


    Scotland Peak was seen in Aug 10.

    I see. So the August PEAK wasn't one of those noisy ones caused by blunt averages and low volumes eh.

    You have of course clearly demonstrated how the 28 day averages compiled at the end of the month are much more accurate than the 28 day averages compiled using the exact same methodology every other week of the month. :T:T:T


    I wont get to bothered about it myself. Many of us predicted falls in the winter and they are coming true yet again.

    Of course. Those "seasonal variations" consisting of, in some areas, tens of thousands of pounds in mere weeks. A pattern never witnessed prior to the 2007 meltdown. :j:j:j

    One other question Einstein. Surely your predictions for house prices "this time of year" won't be showing up in the lagging ROS indicators for, oh, another 3 months.


    EPIC FAIL!!!!:D
  • System
    System Posts: 178,371 Community Admin
    10,000 Posts Photogenic Name Dropper
    geneer is it true you've been waiting to buy since 2005?
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • geneer wrote: »

    EPIC FAIL!!!!:D

    My head's getting sore hitting it against a brick wall (see below signature).
    I'm going to drop out now and leave you thinking what you want.

    Even trying to agree with you that the monthly figures and methodology is extremely noisy and that you need to look over a broader perspective, finds you in disagreement

    Good day to you sir and happy quarallling (with yourself)
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • geneer
    geneer Posts: 4,220 Forumite
    Joeskeppi wrote: »
    geneer is it true you've been waiting to buy since 2005?


    Well it depends on how foamy and cross Hamish gets.
    It does appear to get earlier and earlier the lower house prices fall.

    But I did join HPC in december 2005. (i.e. a year and a bit before the global financial markets collapsed). :)
  • geneer
    geneer Posts: 4,220 Forumite
    My head's getting sore hitting it against a brick wall (see below signature).
    I'm going to drop out now and leave you thinking what you want.

    Yes. I rather thought you might. :cool:
    .

    Even trying to agree with you that the monthly figures and methodology is extremely noisy

    After you we're schooled accordingly...:rotfl::rotfl::rotfl:

    .
    and that you need to look over a broader perspective, finds you in disagreement

    Ah yes. House prices only go up ((c) 2007)....long term ((c) 2008)
    Well done.
    .
    Good day to you sir and happy quarallling (with yourself)

    And I trust you will enjoy the internet for whatever other use you put it too (with yourself) when your not "quarallling". :T:T:T
  • geneer wrote: »
    I did join HPC in december 2005. (i.e. a year and a bit before the global financial markets collapsed). :)

    Edinburgh average house price Dec 2005 £175,197

    Edinburgh average house price Oct 2010 £222,549

    Oh dear...... :)
    “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”
  • System
    System Posts: 178,371 Community Admin
    10,000 Posts Photogenic Name Dropper
    geneer wrote: »
    Well it depends on how foamy and cross Hamish gets.
    It does appear to get earlier and earlier the lower house prices fall.

    But I did join HPC in december 2005. (i.e. a year and a bit before the global financial markets collapsed). :)

    So, yes then?
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
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