Jump to content
House Price Crash Forum
Sign in to follow this  
DoubleBubbleTrouble

Land Registry Figures - Question

Recommended Posts

From the BBC site article - http://news.bbc.co.uk/1/hi/business/4129832.stm

The registry also revealed the volume of sales continued to fall - slipping 27.7% - but this was smaller than the 34.8% drop seen in the first quarter.

Does anyone know where the volume figures are as this statement is woefully ambiguous... does it mean:

A: Volume of sales fell 27.7% compared to the previous quarter

B: Volume of sales fell 27.7% compared to the same quarter in the previous year

C: Absolutely nothing at all as it is a meaningless statistic (always a possibility!)

Share this post


Link to post
Share on other sites

I think it is B, they are trying to imply that this quarters drop (YOY) is less worse than the prvious qurters drop(YOY).

I guess this kind of obfuscation is going to continue for a while.

ABB

Share this post


Link to post
Share on other sites

Found the original press release on the land reg website, it said;

The volume of sales in England and Wales decreased by 27.7 per cent from 299,986 in 2004 to 216,890 for the same period in 2005. Q1 sales decreased by 35 per cent from 243,914 in 2004 to 159,116 in 2005.

http://www.landregistry.gov.uk/pressoffice...article_id=7420

Share this post


Link to post
Share on other sites

I've been quite frustrated trying to find an answer to this.

I checked my area, and found Q2 2005 was down by 67% on Q2 2004 - BUT - the site I checked was only updated in mid July so there are probably more entries in the Q2 2005 to come.

Comparatively, Q1 2005 was down around 40% on Q1 2004.

Be good if anyone can figure it out!

Edited to add: oops, cross posted, thanks DoubleBubbleTrouble!

Edited by Rapid Descent

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.