crown Posted May 29, 2009 Share Posted May 29, 2009 (edited) expected -0.9% http://www.forexfactory.com/calendar.php What do we think? Edit +1.2% MoM Don't forget that during the 74 month long 89-95 housing crash there were 24+ve months and 48-ve months SKY NEWS - Good news - house prices are bouncing back http://www.nationwide.co.uk/hpi/historical/May_2009.pdf Edited May 29, 2009 by crown Quote Link to comment Share on other sites More sharing options...
Dr Renter Posted May 29, 2009 Share Posted May 29, 2009 Quite nervous about this one. There has definately been an increase in activity, I just hope the buyers have been playing hard ball and getting some decent reductions. If its negative then its full steam ahead for the next 12 months. Its been a long, hard night shift so I hope I have something decent to start my weekend with. Quote Link to comment Share on other sites More sharing options...
Pauly_Boy Posted May 29, 2009 Share Posted May 29, 2009 If it's positive, the media will go potty and say the recovery is here! If its negative, the media will hang on the inevitable single positive comment and say the recovery is here! Quote Link to comment Share on other sites More sharing options...
Patfig Posted May 29, 2009 Share Posted May 29, 2009 If it's positive, the media will go potty and say the recovery is here!If its negative, the media will hang on the inevitable single positive comment and say the recovery is here! Bouncy bouncy meow Quote Link to comment Share on other sites More sharing options...
Joey Buttafueco Jr Posted May 29, 2009 Share Posted May 29, 2009 I think +1.2% MOM, -11.3% YOY Quote Link to comment Share on other sites More sharing options...
twatmangle Posted May 29, 2009 Share Posted May 29, 2009 1.2% Quote Link to comment Share on other sites More sharing options...
crown Posted May 29, 2009 Author Share Posted May 29, 2009 expected -0.9%http://www.forexfactory.com/calendar.php What do we think? +1.2% Quote Link to comment Share on other sites More sharing options...
Dr Renter Posted May 29, 2009 Share Posted May 29, 2009 Is that the sound of hooves I can hear??? Headline on BBC news???? Quote Link to comment Share on other sites More sharing options...
FrozenOut Posted May 29, 2009 Share Posted May 29, 2009 244,000 people lost their jobs in the first quarter. Yet house prices are rising. Yeah righto! Quote Link to comment Share on other sites More sharing options...
Rinoa Posted May 29, 2009 Share Posted May 29, 2009 (edited) Edit to add: So now you know what happens when approvals continue to rise and supply falls. Edited May 29, 2009 by Rinoa Quote Link to comment Share on other sites More sharing options...
Pauly_Boy Posted May 29, 2009 Share Posted May 29, 2009 I bet all the editors at the BBC, Times and Daily Express have just had a major case of premature ejaculation and are now knee deep in seminal fluid! I thought it was going to be positive, but it'll be reversed in a month or two! Quote Link to comment Share on other sites More sharing options...
Profound Posted May 29, 2009 Share Posted May 29, 2009 My cat!!!!! ****BOING**** Quote Link to comment Share on other sites More sharing options...
deflation Posted May 29, 2009 Share Posted May 29, 2009 BBC News stuck with MP Bill Cash as the headline (ideal surname for this). A 1 minute article that Nationwide said rise was 1.2%. Also said that they indicated a 1 month rise earlier in the year followed by a drop. Now a woman prosecuted for fraud to try and and get her kid into a school nowhere near where she lived. Quote Link to comment Share on other sites More sharing options...
Mikhail Liebenstein Posted May 29, 2009 Share Posted May 29, 2009 My cat!!!!!****BOING**** We must be due an interest rate rise soon. Quote Link to comment Share on other sites More sharing options...
ItsColdUpHere Posted May 29, 2009 Share Posted May 29, 2009 244,000 people lost their jobs in the first quarter. Yet house prices are rising.Yeah righto! Thats right. If the figures had been negative they'd be accurate, but positive ones are obviously fake. BURN THE WITCH!!!! Quote Link to comment Share on other sites More sharing options...
Jason Posted May 29, 2009 Share Posted May 29, 2009 http://news.bbc.co.uk/1/hi/business/8073157.stm Sig updated. Quote Link to comment Share on other sites More sharing options...
planit Posted May 29, 2009 Share Posted May 29, 2009 The BOE must have been very worried about this happening. The last thing they want to see is house prices booming this early on. If this turns into another crazy last gasp debt fuelled push it will just make the next downturn even worse if that is possible. Gordon Brown on the other hand must have been praying for this every day. A boom now and snap election in the Autumn could see Labour re-elected. Quote Link to comment Share on other sites More sharing options...
pete.hpc Posted May 29, 2009 Share Posted May 29, 2009 (edited) Edit to add: So now you know what happens when approvals continue to rise and supply falls. The more reliable quarter-on-quarter measure revealed house prices fell by 0.5%"During the downturn of the early 1990s, there were many months during which prices rose, only to fall back down again in subsequent periods," said Nationwide's Chief Economist Martin Gahbauer. "In the current downturn, the combination of rapidly rising unemployment and tight access to credit implies that the last of the price declines has probably not been seen yet." Silly Columbo Edited May 29, 2009 by pete.hpc Quote Link to comment Share on other sites More sharing options...
FrozenOut Posted May 29, 2009 Share Posted May 29, 2009 Thats right.If the figures had been negative they'd be accurate, but positive ones are obviously fake. BURN THE WITCH!!!! Wake up, It's all to do with confidence! Quote Link to comment Share on other sites More sharing options...
Dr Renter Posted May 29, 2009 Share Posted May 29, 2009 http://news.bbc.co.uk/1/hi/business/8073157.stmSig updated. Why is it that a drop of 1.2% isnt that significant according to the BEEB, yet a rise of 1.2% is SHARP???? Quote Link to comment Share on other sites More sharing options...
Captain Cavey Posted May 29, 2009 Share Posted May 29, 2009 Sib' will be nursing a semi (works on two levels when you think about it) Quote Link to comment Share on other sites More sharing options...
ItsColdUpHere Posted May 29, 2009 Share Posted May 29, 2009 Wake up, It's all to do with confidence! Thats right. If the figures had been negative they'd be accurate, but positive ones are obviously fake. BURN THE WITCH!!!! Quote Link to comment Share on other sites More sharing options...
crown Posted May 29, 2009 Author Share Posted May 29, 2009 http://www.nationwide.co.uk/hpi/historical/May_2009.pdf Quote Link to comment Share on other sites More sharing options...
bb7t6 Posted May 29, 2009 Share Posted May 29, 2009 No but...yeh but....no but, dead cat, bull trap, Halifax anyway....Nationwide are mingeeeers! Quote Link to comment Share on other sites More sharing options...
pete.hpc Posted May 29, 2009 Share Posted May 29, 2009 Thats right.If the figures had been negative they'd be accurate, but positive ones are obviously fake. BURN THE WITCH!!!! Actually a positive 1.2% is as fake as a negative 1.2%, the reality lies somewhere in between as the blips of such low transactions are smoothed out. The trend is your friend. Crash continues. Quote Link to comment Share on other sites More sharing options...
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