Land Registry Out 1100 26 Aug 11

ruggedtoast

Holy cow I'm F5ing myself in excitement!

ruggedtoast

Two minutes late. This is an outrage!

westv

ruggedtoast wrote: »

Two minutes late. This is an outrage!

Your wait is over. +1.3%

Pimperne1

Over on the other site they are saying its up 1.3%. Sounds like a lot so will wait for a linky.

Generali

I reckon up about 1.3% for the month which would be a drop of approximately 2.1% yoy.

ruggedtoast

Plus 1.3%!!

Its incredible. Its unbelievable. My mind is boggled!!!

Generali

Ooh look, I was right:

http://www1.landregistry.gov.uk/upload/documents/HPI_Report_Jul_11_ld2nw3.pdf

ruggedtoast

Generali wrote: »

I reckon up about 1.3% for the month which would be a drop of approximately 2.1% yoy.

I'm going to be really dim here but wasnt the annual fall two point something before? If the figures go up by 1.3% for a given month why doesnt that halve the annual drop?

Loughton_Monkey

ruggedtoast wrote: »

I'm going to be really dim here but wasnt the annual fall two point something before? If the figures go up by 1.3% for a given month why doesnt that halve the annual drop?

Simply because mathematically speaking, the annual figure is derived by adding the 1.3% rise this July, and deducting the X% rise last July. So if last July had seen a 4% rise, then clearly the annual rise deteriorates further.

Percy1983

Interestingly for me here in Sunny Oldham they have adjusted last months to -1% and this month is -1%.

The best bit for me is:

Jan 2008 (Peak) to July 2011 = -22.4%
Jan 2011 to July 2011 = -9.1%

This really has made my day! :j:beer:

March 2005 prices for me!