We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Most property types in most areas of aberdeen falling YOY.
Comments
-
IveSeenTheLight wrote: »I refer you to your original post.
Erm you mean the original post showing YOY figures, not QOQ figures.
Yep. Thats what the OP shows.IveSeenTheLight wrote: »Arguably, YOY is up overall.
What I've actually done is to adopt one of Hamishes "Catchphrases" for ironic effect.IveSeenTheLight wrote: »You have chosedn to look at the breakdown of the figures to conclude that "most people in most property types in most areas of Aberdeen Prices ARE DROPPING"
I note you rarely have a problem when he uses the phrase.
Uh oh. Lights at the turn a minor semantic issue onto a epic battle stage. I'm guessing your about 4 posts away from "Nooooooo...I've let myself fall to geneers level...again".IveSeenTheLight wrote: »I would have had no argument had you made your point that YOY, the breakdowns show prices are lower than they were a year ago, however you have chosen to articulate yourself by stating they ARE DROPPING, which infers to what is currently happening.
Actually ROS shows that most property types are dropping. YOY.
If you need a fall back position.IveSeenTheLight wrote: »To disect what is happening currently, you naturally want to look at a closer timeframe that YOY.
IveSeenTheLight wrote: »You are very adamant there are no seasonal variations.
Are you in agreement that your position on this is incorrect?
No. I've never claimed there aren't "normal seasonal variations".
I have however shown that fluctuations of tens of thousands of pounds simply aren't "normal seasonal variations".
And never existed prior to 2007.
The fact is, Hamish is a big fan of YOY.IveSeenTheLight wrote: »Hamish is another forum member, let's try to stick to the facts presented instead of worrying what others think.
Thank you for clarifying something that was in fact clearly stated in my OP.IveSeenTheLight wrote: »I've clarified above YOY appears to be up and you have accurately shown that the YOY average of up +/- 0.1% is mae up of areas which rose and fell.
No argument there.
IveSeenTheLight wrote: »I'm not going to get my knickers in a twist with regards to a 0.1% movement.
Hell it supports my statements of nominal stagnation.
No it really really doesn't.
Volatile fluctuations isn't stagnation.
Falling prices aren't stagnation.
Take your pick.;)0 -
The Figures Speak for themselvesIveSeenTheLight wrote: »reference your bold summation
Can we? Let's look at the data: -
Aberdeen City Transaction Levels (Jul-Sep 11) - 1343
Aberdeen City Transaction Levels (Apr-Jun 11) - 1041
Up 29.0% in the quarter
Aberdeen City Resedential Value Sales (Jul-Sep 11) - £255238,605
Aberdeen City Resedential Value Sales (Apr-Jun 11) - £190,225,963
Up 34.2%
Aberdeen City Detached Average (Jul-Sep 11) - £335,384
Aberdeen City Detached Average (Apr-Jun 11) - £345,277
Down 2.9%
Aberdeen City Detached sales (Jul-Sep 11) - 153
Aberdeen City Detached sales (Apr-Jun 11) - 104
Up 47.1%
Aberdeen City Semi-Detached Average (Jul-Sep 11) - £227,157
Aberdeen City Semi-Detached Average (Apr-Jun 11) - £229,485
Down 1.0%
Aberdeen City Semi-Detached sales (Jul-Sep 11) - 195
Aberdeen City Semi-Detached sales (Apr-Jun 11) - 135
Up 44.4%
Aberdeen City Terraced Average (Jul-Sep 11) - £187,765
Aberdeen City Terraced Average (Apr-Jun 11) - £174,983
Up 7.3%
Aberdeen City Terraced sales (Jul-Sep 11) - 370
Aberdeen City Terraced sales (Apr-Jun 11) - 311
Up 19.0%
Aberdeen City Flats Average (Jul-Sep 11) - £142,732
Aberdeen City Flats Average (Apr-Jun 11) - £138,210
Up 3.3%
Aberdeen City Flats sales (Jul-Sep 11) - 625
Aberdeen City Flats sales (Apr-Jun 11) - 491
Up 27.3%
Actually, the data shows that : -
153 Detached fell on average £9,893
195 Semi detached fell on average £2,328
348 Aberdeen City Properties fell on average £5,653
370 Terraced rose on average £12,782
625 Flats rose on average £4,522
995 Aberdeen City Properties rose on average £7,593
Whilst we cannot implicitly define that most properties in most area rose, the data certainly point to that as opposed to the OP's blanket statement:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
The figures of course speak for themselves.http://www.ros.gov.uk/pdfs/ros_statistical_report_jul-sept2011.pdf
Aberdeen City Average Price +0.1%.
But.
Aberdeen City Detatched -10.3%.
Aberdeen City Semi-Detatched -4.4%.
Aberdeen City Flats -1.6%.
Aberdeen City Terraced. +3.7%.
We can safely conclude that for most people in most property types in most areas of aberdeen prices are dropping.
Just goes to show how meaningless those high level averages can be.
0 -
Graham_Devon wrote: »So who is jack johnson? Came here pretending to be a FTB, kept it up for a couple of hours, until the bitterness about the HPC site came pouring out and hasn't shutup about it ever since.
Just wondering who he/she is?
Jack Johnson was infact the first ever black HW boxing champion, My name is Ben and I've not mentioned HPC in any of my posts....;)
But I'm glad your paying me so much attention Graham Devon (original name BTW) It's very flattering of you. x0 -
HAMISH_MCTAVISH wrote: »Regardless, he's been trying to assert that price rises in Scotland were simply skew from low volume for some time.Not sure why you would insist that I'm trying to assert price spikes are due to low volume and skew. I have in fact tabled the quotes from the VIs themselves that explicitly state that this has been the case. You did in fact see those quotes on more than one occasion.
You're not being very honest are you?
https://forums.moneysavingexpert.com/discussion/3049466
heh heh heh.0 -
http://www.ros.gov.uk/pdfs/ros_statistical_report_jul-sept2011.pdf
Aberdeen City Average Price +0.1%.
But.
Aberdeen City Detatched -10.3%.
Aberdeen City Semi-Detatched -4.4%.
Aberdeen City Flats -1.6%.
Aberdeen City Terraced. +3.7%.
We can safely conclude that for most people in most property types in most areas of aberdeen prices are dropping.
Just goes to show how meaningless those high level averages can be.
Incidentally check out what some kooky bear was saying at the start of the year.how many times has someone ignorantly asserted that the price of their house has gone up actually because the average price for their town, their region, or their country, has increased. Twaddle.
So heres the big secret:-
Averages prices are based on, y'know, an average.
It can be made up of lots of smaller averages.
There is no such thing as the average house.
So "no crash to speak of" because the headline figure doesn't seem that bad. Get a grip bulls.
Didn't wash during the 90's crash.
Won't was now.
Simples.
Gosh. Whats it called when you say something, and it turns out to be proven true time and again.
Prescience? Insight?
Dunno. But that chaps got it in spades.0 -
-
http://www.ros.gov.uk/pdfs/ros_statistical_report_jul-sept2011.pdf
Aberdeen City Average Price +0.1%.
But.
Aberdeen City Detatched -10.3%.
Aberdeen City Semi-Detatched -4.4%.
Aberdeen City Flats -1.6%.
Aberdeen City Terraced. +3.7%.
We can safely conclude that for most people in most property types in most areas of aberdeen prices are dropping.
Just goes to show how meaningless those high level averages can be.
With a population of only 200k isn't Aberdeen a bit of a small area to require two threads?0 -
IveSeenTheLight wrote: »Context and analysis geneer.
Context and analysis
:rotfl:Yes. Thats exactly what I supplied in presenting the rather interesting break downs which have so upset you.0 -
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.5K Work, Benefits & Business
- 604.3K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards