London prices drop by 2.6% in London - but BBC don't want to know

Biggles

hughgallagher wrote:

We should just ignore them along with the media?

I guess so, as I can't find that report (your link is truncated).

But the 'custom HPI report' report for those months shows
November 2006 - HPI 209.8 - Ave £172,584
December 2006 - HPI 211.2 - Ave £173,717

pricedout_1

oops ... here it is

http://www.landregistry.gov.uk/assets/library/documents/rppr_q4_2006.pdf

Why are these figures different from the custom HPI report on the LR site?
It doesn't state explicitly on the report above, but I think they are not seasonally adjusted. Is the custom HPI report seasonally adjusted? If so how does this seasonal adjustment work ?

Cannon_Fodder

I'm not sure its a conspiracy, but it does smell a little fishy...

Picking up on the Halifax increase, and making it the Headline could be "random choice", but to completely IGNORE (not even mentioned in an odd paragraph at the bottom of the piece) the DROP in Nationwide's figures on the same graph, seems a bit dodgier...

pricedout_1

Cannon_Fodder wrote:

I'm not sure its a conspiracy, but it does smell a little fishy...

Picking up on the Halifax increase, and making it the Headline could be "random choice", but to completely IGNORE (not even mentioned in an odd paragraph at the bottom of the piece) the DROP in Nationwide's figures on the same graph, seems a bit dodgier...

Exactly. This was my original point.

Apart from maybe the Mail and the Telegraph, do we have a biased/pro HPI/MEW media driven by their own vested interests or maybe some kind of control or allegiance to the Government?

pricedout_1

Gordon knows that HPC = end of New labour. If there is a HPC and Gordon is at the helm and there is a general election, Labour know that they will be booted out. It is therefore concievable that they would probably do anything in their powers to prevent this happeneing. The government and all its agencies including the BBC are fighting a propaganda war.

They will do everything necessary to avoid a HPC including manipulating LR data - The unfudged quarterly LR report is now being discontinued and the "massaged" monthly index is standard.
Why ?