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STRAPR08

Nationwide Hpi Forex Forecast

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Forex forecasting minus 0.9 for next weeks index.

Forex May forecast

Enjoy.

:P

Thanks. Must be a buggre to model for the forecasters though, as the sample size is so low (5000ish?).

Still, any negative will be a welcome dose of reality and any positive merely tedious fodder for our YOU HAVE CHOSEN TO IGNORE THIS POSTER locust VI's.

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I hate to admit it, but I am putting more faith in the three month averages than any one months figures. There is just so much volatility in the one month figures that they can be really deceptive.

Not that I won't smile if there is a big >1.5% drop...

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With the gloomy forecast Nationwide gave for house prices in 2009 dropping by 14% and will continue to fall for the rest of the year, I think the figure will now be -1.5% or more.

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With the gloomy forecast Nationwide gave for house prices in 2009 dropping by 14% and will continue to fall for the rest of the year, I think the figure will now be -1.5% or more.

Nationwide never said prices will fall 14%.

In fact they claimed price declines had slowed in recent months.

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Nationwide never said prices will fall 14%.

In fact they claimed price declines had slowed in recent months.

Your absolutely right! Acceleration stops and buffets around at terminal velocity. And that 14% were way short of the real falls. See you at the next halliwide figures. :lol:

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Nationwide never said prices will fall 14%.

In fact they claimed price declines had slowed in recent months.

As long as it's a decline; that's all that matters to the realists.

Down, down; deeper and down <_<

Spring bounce? Spring squib. Bring on the autumn slide....

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Nationwide never said prices will fall 14%.

In fact they claimed price declines had slowed in recent months.

You're actually correct, it was someone else quoted in the same article on bloomberg.

But they did say this :

May 27 (Bloomberg) -- Nationwide Building Society, the U.K.’s biggest customer-owned lender, said U.K. house prices may keep falling for the rest of this year as more Britons lose their jobs.

The U.K. economy will remain in recession for the remainder of 2009 and any recovery next year will be “sluggish,” the Swindon, England-based company said today in a statement. Unemployment may continue to rise next year because the labor market will lag behind developments in the rest of the economy.

“I don’t think the fall in house price is over yet and will probably continue for the remainder of 2009 at least,” Finance Director Mark Rennison said on a conference call with reporters.

link

Considering they have a HUGE VESTED INTEREST, I'd expect that to be the "rosiest" picture they felt they could possibly paint. In reality, it's probably going to be far "worse".

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Nationwide never said prices will fall 14%.

In fact they claimed price declines had slowed in recent months.

My bad. I'll admit I'm wrong when I'm wrong unlike a certain someone :rolleyes:

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My bad. I'll admit I'm wrong when I'm wrong unlike a certain someone :rolleyes:

Gordon Brown? :blink:

Anyway, as long as there is a minus symbol in front of it i'll be happy. Anymore positive news will only lure in those few FTBs that can afford a mortgage and have a job, and they'll then be left sitting on a nice loss in 2 years :(

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Gordon Brown? :blink:

Anyway, as long as there is a minus symbol in front of it i'll be happy. Anymore positive news will only lure in those few FTBs that can afford a mortgage and have a job, and they'll then be left sitting on a nice loss in 2 years :(

You mean "cash rich buyers" who take their money out of low yielding but safe accounts and plow it into property in the anticipation of future increases in

value. Whether this strategy will be proved successful will be in the eating or otherwise of their wealth.

All aboard, all aboard, whoo hoo!

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You mean "cash rich buyers" who take their money out of low yielding but safe accounts and plow it into property in the anticipation of future increases in

value. Whether this strategy will be proved successful will be in the eating or otherwise of their wealth.

All aboard, all aboard, whoo hoo!

Excuse me, is this train bound for crashville?

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May 27 (Bloomberg) -- Nationwide Building Society, the U.K.’s biggest customer-owned lender, said U.K. house prices may keep falling for the rest of this year as more Britons lose their jobs.

Nationwide didn't even want to give a prediction for the year back in January ...

-1%

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Excuse me, is this train bound for crashville?

Yes indeedy!

We're all bound for crashville Sir!

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