Tuesday, Sep 30, 2008
Where are the September numbers from Nationwide?
Nationwide: House Price Index
It's the last business day of the month, so where are the Nationwide house price index numbers for September? This data always comes out before the end of the month. What's going on here then?
Posted by ana lytics @ 11:48 AM (1891 views) Add Comment
23 Comments
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1. Papabear said...
They are due out on Thursday
2. need-a-crash said...
Quite agree. Much as I like reading about general economic armagedon I was looking forward to another installment from the Nationwide!
3. ana lytics said...
Checking, Double-checking and Triple-checking the -5% number no doubt!!
4. Rm96696 said...
probably they're wating for the next BoE meeting...
5. george monsoon said...
It takes time to fudge these figures into a more palatable format...!!
6. maddison said...
I reckon they have other things to worry about. With so few transactions the statistics are not really reliable...
7. holding out said...
They are scheduled for Thursday @ 7am
8. wiltshire said...
This month they'll be releasing the report via Youtube. It'll be footage of someone waving a white flag.
9. inbreda said...
More to the point maddison - with so few transactions they can't possibly blame being busy for a delay in the release of the figures.
With so few transactions, the only transactions going through will be next-time-buyers (home movers) and extremely wealthy people who don't acre. Both of which should artificially increase the house price, so really for accuracy they should be revising downwards.
10. letthemfall said...
I wonder whether this will be the month that they cease trotting out the optimistic drivel about underlying demand, low interest rates and assorted inanities.
11. ana lytics said...
holding out @ 5
thursday 7am? wow. that's late! did you get this from the financial calendar website that i forget the name of? can you send the link around (again) - sorry, i forgot to save it to my favourites last time. much obliged.
12. holding out said...
ana - I get it from Forexfactory In fairness it was set for Thursday last week as well.
13. Chilli said...
oohhh its exciting isn't it!!!!!!!!!!..........
14. nooneo said...
wiltshire @ 8 said...
"This month they'll be releasing the report via Youtube. It'll be footage of someone waving a white flag." - Hilarious, That's the best larf I've had in the last 24 hours. Busy doing my tax. Great, got to give HM government me money so they can buy crook banks.
Still, as I don't own a property I'm not seeing it's value fall back to edwardian levels !
15. shipbuilder said...
It's their quarterly report this time which should be even more interesting.
16. ana lytics said...
many thanks holding out - have saved the link in my favourites now.
strange they have changed to BD2 this month, I checked the press release dates for the last 12 months and this is the first time they have strayed out to BD2 in that period.
17. timmy t said...
I reckon these figures need to be taken with a pinch of salt anyway. Bearing in mind they seasonally adjust and mix adjust them to iron out all the oddities, how the hell are they going to account for what's going on in the market now? I've no doubt that they will come up with the usual -1.9% figure but frankly I don't believe it.
18. ana lytics said...
agreed timmy, but as long as the media and the masses believe it - that's all that matters in my book............
you can look at the non-seasonally adjusted (nsa) data too to get a clearer picture of what's happening..........
19. doomwatch said...
To me, this stinks.
20. ana lytics said...
doomwatch @ 19
what stinks? have you dropped one? or are you inferring that Nationwide are stalling for some reason?
21. doomwatch said...
I smell a team GB embargo
22. The Gardener said...
Still no Nationwide index release, lowest stock by estate agents for 18 months posted by Rightmove, i think Nationwide are waiting for full month figures due to low sales this month so as to avoid market distortion. Developers raising prices taking advantage of low stock & high demand, someone's going to get their fingers burnt.
23. The Gardener said...
Date issued: 25 Sep 2009
NATIONWIDE BUILDING SOCIETY - SEPTEMBER AND THIRD QUARTER HOUSE PRICES 2009
Nationwide Building Society's Monthly and Third Quarter Housing Reviews for 2009 will be issued at - 7.00AM on Friday 2 October 2009.
Requests for interviews (in person or via ISDN and Live Link) should be directed to - Roy Beale, Media Relations Officer, tel: 01793 655689