London Has Peaked

danothy

wotsthat wrote: »

The house price calculator thing is showing a 2.5% fall Q3 to Q4 in London.

http://www.lloydsbankinggroup.com/media/economic-insight/house-price-tools/

i.e. Bubble is ignoring the 5.4% increase Q2 to Q4 because, like all good crashaholics, this mother's going down right now so any past data can be discounted (unless it was negative of course).

I've checked your maths and your logic. It'd be fine if you hadn't ignored that positive monthly change at the end of 2014.

lisyloo

The house price calculator thing is showing a 2.5% fall Q3 to Q4 in London.

Ah right, thanks.
The xls I'm looking at is showing Q4 2014 compared with Q4 2013 not Q3 2014 - that explains it.

wotsthat

lisyloo wrote: »

Ah right, thanks.
The xls I'm looking at is showing Q4 2014 compared with Q4 2013 not Q3 2014 - that explains it.

By spending 5 minutes on a spreadsheet you've exceeded Bubble's total research into house price indices by about 5 minutes.

Bubble_and_Squeak

by the speed of the responses here it looks like the bulls are on the ropes.

from bba:
"In December, compared with a year previously, house purchase approvals were 24% lower, remortgaging down 20% and equity withdrawal 32% down"

some significant figures here
equity withdrawal is quite important for the gdp figures, no?
almost a third down

danothy

Bubble_and_Squeak wrote: »

by the speed of the responses here it looks like the bulls are on the ropes.

There're no bulls here.

Bubble_and_Squeak

its ok, bulls
LR out tomorrow will be positive
that will give you something to cling on to
looks as if cash buyers are like wile e coyote, running off the edge of the cliff then looking down to find theres nothing holding them up

lisyloo

that will give you something to cling on to

Owning a property that you can live in til you die is about as far from clinging as you can get in this life.

wotsthat

Bubble_and_Squeak wrote: »

by the speed of the responses here it looks like the bulls are on the ropes.

Don't you see any contradiction in simultaneously being the thread's most active house hunter and most bearish poster?

Bubble_and_Squeak wrote: »

its ok, bulls
LR out tomorrow will be positive
that will give you something to cling on to
looks as if cash buyers are like wile e coyote, running off the edge of the cliff then looking down to find theres nothing holding them up

How many viewings do you have lined up for the weekend?

padington

http://en.m.wikipedia.org/wiki/Hypocrisy

padington

Bubble_and_Squeak wrote: »

its ok, bulls
LR out tomorrow will be positive
that will give you something to cling on to
looks as if cash buyers are like wile e coyote, running off the edge of the cliff then looking down to find theres nothing holding them up

Its probably still only processing results from before April 2014.