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Nationwide - another 0.5% drop in February

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Comments

  • adr0ck
    adr0ck Posts: 2,374 Forumite
    Part of the Furniture Combo Breaker
    As for the land registry figures, I don't think we'll see YOY negative until the end of the year, even early 2009 because of the lag times.

    land reg showing 1% increase

    how far behind are they? :confused:
  • dannyboycey
    dannyboycey Posts: 1,060 Forumite
    adr0ck wrote: »
    land reg showing 1% increase

    how far behind are they? :confused:

    VERY.

    The figures are worked out in a different way to Halifax / Nationwide / Rightmove too. There has also been speculation as to how reliable they are as a result of the passing on of information (I think there was a recent BBC documentary??) This is why I'm not a fan of stats generally, as they are so easily twisted.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    The LR figures for Jan 2008 were just released (yesterday???) so they're not that far behind.

    Rightmove are sort of ahead of things as they look at asking prices. Halifax/Nationwide use completions but miss big chunks of the market (eg buying with no mortgage).
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