Tuesday, Feb 16, 2010
HPI far less that VIs Report
BBC News: House prices rose by 2.9% in 2009, says government
Quite a different picture to that of the Nationwide and Halifax at +6%
Posted by wdbeast @ 12:44 PM (1031 views) Add Comment
3 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. vacuouspolitician said...
Do these figures also include repos?
2. Eternal Sceptic said...
What a harsh reality we would be forced to inhabit without the multiple benefits of spin. When I was a lad it would be called lies-and life was so much simpler then. What with multicultural diversity officers, and politicians, more interested in repeat banquets in the public trough of plenty, theft rewarded, and those protecting their property jailed, gold plated pensions for gross incompetence etc ect. The feckless encouraged and the rich exploiting everyone, it seems to me the it is only the minority in the private sector keeping the whole 5 ring circus operational, and as a reward they are taxed to death and villified. The whole world has gone mad-obviously the gods are ready.
3. benedict said...
Not massively surprising - Halifax & Nationwide are based on surveyor's valuations at the time of the mortgage application. So they overstate the drops on the way down (and they did show much higher drops than the DCLG / land registry indices) as surveyors get more cautious and overstate them on the way up as they get more confident.