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delite1

Halifax-declares Itself In Denial

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House prices increased by 1.6% in August following a 0.4% gain in July. This was the biggest monthly gain since September 2004. Prices have increased by only 2.1% in the first eight months of this year compared with a 12.5% rise in the same period of 2004

http://www.companyannouncements.net/cgi-bi...800029212Q.html

:lol::lol::lol:

What a joke, these people really are.

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The Halifax House Price Index is prepared from information that we believe  is

collated with care, but we do not make any statement as to its accuracy or completeness .

  We reserve the right to vary our methodology  and to edit or

discontinue the indices at any time for regulatory or other reasons .  Persons

seeking to place reliance on the indices for their own or third party commercial

purposes do so at their own risk.

Says it all really.

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House prices increased by 1.6% in August following a 0.4% gain in July. This was the biggest monthly gain since September 2004. Prices have increased by only 2.1% in the first eight months of this year compared with a 12.5% rise in the same period of 2004

http://www.companyannouncements.net/cgi-bi...800029212Q.html

:lol:  :lol:  :lol:

What a joke, these people really are.

More like what a bunch of desperate fraudsters. Time to complain again methinks.

A lie that big may trip them up at last.

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Guest The_Oldie

I'm not sure if this is correct, but if Halifax figures are based on mortgage approvals and are index weighted, August would be a very quiet month and would be prone to swings due to low activity.

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remember that the Halifax is owned by HBOS plc, a listed company - the house price index reports are in effect a trading statement sent out to shareholders reporting on the health of the business.

They will always be upbeat and optimistic, just like any other listed company. They will always find a way to talk up a decline in house prices. As with any plc company announcememtn, you have to read between the lines - what they don't say is far more informative then what they do say!

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  • 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%



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