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Debate House Prices
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House price cuts helped sales surge by nearly 10pc last month
Comments
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In an index not seasonally adjusted, seasonal variations can only be seen when prices are more or less flatlining. If prices are rising 10% each year, the seasonal dips are masked by HPI.
Seasonal variations of £20,000. I think not.
You also appear to have forgotten previous discussions where
it was clarified that the producers of a number of house price statistics in fact confirmed, explicitly, that those "seasonal variations" were in fact due to statistical skew and punishingly low volumes.
Yes. You appear to forget this time and time again.0 -
You also appear to have forgotten previous discussions where
it was clarified that the producers of a number of house price statistics in fact confirmed, explicitly, that those "seasonal variations" were in fact due to statistical skew and punishingly low volumes.
Yes. You appear to forget this time and time again.
Those previous discussions you refer to concerned Edinburgh. The chart you posted was for Aberdeen.If I don't reply to your post,
you're probably on my ignore list.0 -
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Graham_Devon wrote: »Believe he dropped that theory as soon as you posted the graphic.
Nah. It seems to keep coming up.0 -
Indeed. Similar patterns in that they all show healthy rises since you commenced posting in December 2005.
A date which for 4 years was very important to you.
Until of course you 2001 was actually far more important.
Which I'm sure had nothing to do with the fact that those "new peaks" kept disappearing.
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Seasonal variations of £20,000. I think not.
You also appear to have forgotten previous discussions where
it was clarified that the producers of a number of house price statistics in fact confirmed, explicitly, that those "seasonal variations" were in fact due to statistical skew and punishingly low volumes.
Yes. You appear to forget this time and time again.
You mean that report you found for us which confirmed:Monthly statistics from Registers of Scotland show that the housing market has picked up slightly from the low seen in March of £142,000 to a May figure of £154,000. This upturn is invariably seen at this time of year as the volumes of sales begin to pick up. There is actually a strong correlation (0.75) between monthly sales volumes and the annual growth rate.
Pretty clear, eh?0
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