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.

1356789

Comments

  • geneer
    geneer Posts: 4,220 Forumite
    I refer you to your original post.

    Erm you mean the original post showing YOY figures, not QOQ figures. :)
    Arguably, YOY is up overall.
    Yep. Thats what the OP shows.
     
    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"
    What I've actually done is to adopt one of Hamishes "Catchphrases" for ironic effect.
    I note you rarely have a problem when he uses the phrase.
     
    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.
    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".

    Actually ROS shows that most property types are dropping. YOY.
    To disect what is happening currently, you naturally want to look at a closer timeframe that YOY.
    If you need a fall back position.
     
    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.
    Hamish is another forum member, let's try to stick to the facts presented instead of worrying what others think.
    The fact is, Hamish is a big fan of YOY.

    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.
    Thank you for clarifying something that was in fact clearly stated in my OP.
     
    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.;)
  • The Figures Speak for themselves
    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:
  • geneer
    geneer Posts: 4,220 Forumite
    The figures of course speak for themselves.

    geneer wrote: »
    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. :)
  • 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. x
  • geneer
    geneer Posts: 4,220 Forumite
    Regardless, he's been trying to assert that price rises in Scotland were simply skew from low volume for some time.
    geneer wrote: »
    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.
  • geneer
    geneer Posts: 4,220 Forumite
    geneer wrote: »
    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.
    geneer wrote: »
    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.
  • geneer wrote: »
    The figures of course speak for themselves.


    Context and analysis geneer.
    Context and analysis
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    geneer wrote: »
    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?
  • geneer
    geneer Posts: 4,220 Forumite
    edited 7 November 2011 at 8:05PM
    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.
  • geneer wrote: »
    :rotfl:Yes. Thats exactly what I supplied in presenting the rather interesting break downs which have so upset you.

    I beg to differ.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

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

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.