American banks wake up to reality.....

Graham_Devon

HAMISH_MCTAVISH wrote: »

But of course a tiny sub section of the data on one index fluctuating means that prices are crashing.

Comedy Gold.....:rotfl:

Would be....if anyone had suggested they were crashing at the moment.

geneer

HAMISH_MCTAVISH wrote: »

Yes geneer, of course, all the stats are wrong and only you are right.

ASPC = Up.

ROS = Up.

Nationwide, which is mix adjusted to remove skew, funnily enough, also = Up.

And individual houses, are....... wait for it........ Up.

But of course a tiny sub section of the data on one index fluctuating means that prices are crashing.

Comedy Gold.....:rotfl:

No mention of Land reg then.

And ASPC you say? Do you mean the ASPC discussed on this very thread.

geneer wrote: »

http://www.aspc.co.uk/Documents/HousePrices-2011Q1.pdf
http://www.aspc.co.uk/Documents/HousePrices-2011Q2.pdf


:rotfl::rotfl::rotfl:The ASPC results show clearly that it is in fact statistical skew.

Between Q1 and Q2 numerous areas and property types are down.

But the average semi detached has spiked 30% to £541000 so everything is peachy.

Good grief.

Perhaps you "missed it".
Comedy Gold Indeed!