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Halifax Hpi September 2010 -3.6%!


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WTF exactly! must be a typo :)

Official release

Commenting, Martin Ellis, housing economist, said:

"Looking at quarterly figures - a better measure of the underlying trend, house prices in the third quarter of 2010 were 0.9% lower than in the second quarter of 2010. This rate of decline is significantly slower than the quarterly changes of between -5% and -6% that were seen in the second half of 2008. It is therefore far too early to conclude that September's monthly 3.6% fall is the beginning of a sustained period of declining house prices.

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From the report!

"September's monthly 3.6% fall is the beginning of a sustained period of declining house prices."

I am speechless.

Read it more carefully.....

It is

therefore far too early to conclude that September's monthly 3.6% fall is the beginning of a sustained

period of declining house prices.

Tossers!

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Read it more carefully.....

It is

therefore far too early to conclude that September's monthly 3.6% fall is the beginning of a sustained

period of declining house prices.

Tossers!

Oops lets hope the Newspapers are as selected with their quotes as I was. A genuine error on my part but either way 3.6% is incredible.

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  • 415 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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