Graph !!!!!! 2 - The next Generation

Mary_Hartnell

I don't think there were many forced sales 12 to 18 months ago.
I don't think there are many new sales now.
What proportion of sales must now refer to repossessions or very near repossessions sold through auctions? And how much cheaper are such sales?
How many forced-to-lets are there pushing down the rental market?

It will be getting to the position where we count ordinary cars and pretend that 4 x 4's have not dropped in value.

Really2

Mary_Hartnell wrote: »

I don't think there were many forced sales 12 to 18 months ago.
I don't think there are many new sales now.
What proportion of sales must now refer to repossessions or very near repossessions sold through auctions? And how much cheaper are such sales?
How many forced-to-lets are there pushing down the rental market?

It will be getting to the position where we count ordinary cars and pretend that 4 x 4's have not dropped in value.

:rotfl:

so you now want the figures to suit a HPC, But would have not wanted them to seem higher before if they included new builds.

The figures are solid for re-sold propertys. Is the crash not happening fast enough for you.:rolleyes:

Cannon_Fodder

http://news.bbc.co.uk/1/hi/business/7751749.stm has gained a new graph...

sabretoothtigger

Really? Is that alongside a 70% fall in lending

low volume prehaps gives unreliable results

poppy10_2

That's a bit naughty...



They've squeezed the graph to make it look like the fall has been more gradual - why the sudden change in the y axis?

Cannon_Fodder

Also, quite interesting, is the longer term graph...

...looks like we are now back to around end-2005...

Cannon_Fodder

poppy10 wrote: »

That's a bit naughty...

They've squeezed the graph to make it look like the fall has been more gradual - why the sudden change in the y axis?

Its because they are having to cater for the possibility of 20% falls...

poppy10_2

Here's how it should look if they used the same y-axis for fairness (excuse the poor quality photoshop hackery, I tried my best):

October on left, Nov on right

Eskimo12345

The upturn worries me a little as I'm hoping for BIG falls, but I'm putting my own mind at rest slightly by thinking about mortgage availability, the current economic climate, low volumes and the fact it's only one month and one lender...

Also, I just spotted that this time last year Nationwide blipped upwards and halifax continued down...

Really2

poppy10 wrote: »

Here's how it should look if they used the same y-axis for fairness (excuse the poor quality photoshop hackery, I tried my best):

October on left, Nov on right

To tell you the truth that makes the upturn look sharper.
If I was HPC I would prefer the BBC Graph.