Pent Up Posted October 7, 2010 Posted October 7, 2010 (edited) http://www.forexfactory.com/calendar.php http://www.lloydsbankinggroup.com/media1/research/halifax_hpi.asp house prices crash by -3.6%! Biggest monthly fall on record! Edited October 7, 2010 by Pent Up Quote
Kyoto Posted October 7, 2010 Posted October 7, 2010 (edited) http://www.forexfactory.com/calendar.php http://www.lloydsbankinggroup.com/media1/research/halifax_hpi.asp Not funny - there's nothing there! EDIT - Omg you are telling the truth WTF!!! Maybe this is just Forex Factory messed up as I don't see it at Lloyds? Edited October 7, 2010 by Kyoto Quote
Pent Up Posted October 7, 2010 Author Posted October 7, 2010 Check FF link, this must be a mistake? Quote
steaky Posted October 7, 2010 Posted October 7, 2010 Not funny - there's nothing there! EDIT - Omg you are telling the truth WTF!!! WTF exactly! must be a typo Quote
Kyoto Posted October 7, 2010 Posted October 7, 2010 Check FF link, this must be a mistake? Must be. That would be a crash of epic proportions. Must be a mistake as the press release isn't even on the website. Quote
Pent Up Posted October 7, 2010 Author Posted October 7, 2010 I think we should wait for confirmation be before jizzing ourselves. I honestly can't see this being correct. Quote
buytoilet Posted October 7, 2010 Posted October 7, 2010 Must be. That would be a crash of epic proportions. Must be a mistake as the press release isn't even on the website. WTF is that right just checked forex and its says down 3.6% Can anyone verify this, no case of fat fingers Quote
Pent Up Posted October 7, 2010 Author Posted October 7, 2010 Must be. That would be a crash of epic proportions. Must be a mistake as the press release isn't even on the website. FF do get the numbers before the actual report goes online. Hope this is right! Quote
interestrateripoff Posted October 7, 2010 Posted October 7, 2010 But house prices only go up clearly a typo. Quote
Daltski Posted October 7, 2010 Posted October 7, 2010 The number is correct. I have access to Bloomberg and it's released on there. Sterling starting to get hit hard! Watch out belowwwwwwwww.... Quote
Oliver Sutton Posted October 7, 2010 Posted October 7, 2010 WTF exactly! must be a typo Official release Commenting, Martin Ellis, housing economist, said: "Looking at quarterly figures - a better measure of the underlying trend, house prices in the third quarter of 2010 were 0.9% lower than in the second quarter of 2010. This rate of decline is significantly slower than the quarterly changes of between -5% and -6% that were seen in the second half of 2008. It is therefore far too early to conclude that September's monthly 3.6% fall is the beginning of a sustained period of declining house prices. Quote
rantnrave Posted October 7, 2010 Posted October 7, 2010 FF has revised the previous rise to 0.4 too. Quote
Dancake Posted October 7, 2010 Posted October 7, 2010 It's just gone up. http://www.lloydsbankinggroup.com/media1/research/halifax_hpi.asp Quote
mybrainhurts Posted October 7, 2010 Posted October 7, 2010 It is true http://www.lloydsbankinggroup.com/media1/research/halifax_hpi.asp Quote
Kyoto Posted October 7, 2010 Posted October 7, 2010 OMG this is mental. This is going to be a huge story today plus with the pension reforms. Is this the biggest fall in decades? Quote
Confounded Posted October 7, 2010 Posted October 7, 2010 (edited) From the report! "September's monthly 3.6% fall is the beginning of a sustained period of declining house prices." I am speechless. Edited October 7, 2010 by Confounded Quote
Kyoto Posted October 7, 2010 Posted October 7, 2010 If you read the Lloyds PDF it is such a load of VI ********, completely glossing over the massive fall and talking about softening over the quater etc. What a load of shite. Quote
Daltski Posted October 7, 2010 Posted October 7, 2010 OMG this is mental. This is going to be a huge story today plus with the pension reforms. Is this the biggest fall in decades? It's the LARGEST MONTHLY DECLINE EVER! Or at least since this index began in 1983. Quote
Kyoto Posted October 7, 2010 Posted October 7, 2010 From the report! "September's monthly 3.6% fall is the beginning of a sustained period of declining house prices." I am speechless. Read it more carefully..... It is therefore far too early to conclude that September's monthly 3.6% fall is the beginning of a sustained period of declining house prices. Tossers! Quote
Nationalist Posted October 7, 2010 Posted October 7, 2010 If true, it's the single worst month since... ever! Quote
dustbinlidsid Posted October 7, 2010 Posted October 7, 2010 (edited) It's the LARGEST MONTHLY DECLINE EVER! Or at least since this index began in 1983. Isn't September one of the best months for house buying? edit: at lower prices obviously Edited October 7, 2010 by dustbinlidsid Quote
muggle Posted October 7, 2010 Posted October 7, 2010 I think we should wait for confirmation be before jizzing ourselves. I honestly can't see this being correct. Too late! Also, from the Beeb... LATEST:UK house prices decreased by 3.6% during September, the Halifax says Quote
Confounded Posted October 7, 2010 Posted October 7, 2010 Read it more carefully..... It is therefore far too early to conclude that September's monthly 3.6% fall is the beginning of a sustained period of declining house prices. Tossers! Oops lets hope the Newspapers are as selected with their quotes as I was. A genuine error on my part but either way 3.6% is incredible. Quote
Wooden Top Posted October 7, 2010 Posted October 7, 2010 They just mentioned it on Daybreak and I thought I had misheard so came here to check. Bit of a shock. Quote
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