Friday, Jun 27, 2008
Very short article, statistical sleight of hand ever present
Times Online: House sales fall 50% as prices shrink
As we come over the summit of the house price high, expect the comparison time frame to lengthen. Now we are hitting the point where property pundits can say that house prices are unchanged since a year ago, while completely ignoring the subsequent rise and dramatic falls in between. In fact, the likes of A Ashworth and D Smith will probably claim that prices are rising as compared with 1 year ago, then 1.5 years ago, then compared with 2 years ago etc. etc.
Anne Ashworth's salary is paid for by property section advertising. Others on the Times Online should know better (but don't).
Posted by paul @ 04:47 PM (347 views) Add Comment
1 Comment
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1. i-cld-murder-a-blt said...
That will soon read house prices fall 50% as prices shrink.
That is unless Mr Brown becomes a national landlord.