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koala_bear

Nationwide Leak On The Bbc (Or Is Someone Looking At Forexfactory?)

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In the article talking about the forth coming GDP release:

http://www.bbc.co.uk/news/business-11624742

Meanwhile, the housing market has also started to suffer. Figures released by the Nationwide Building Society later this week are expected to show a 0.4% fall in property prices between September and October.

and I thought the BBC weren't allowed to publish good news in advance;)

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"Expected to show" - so they're just listening to the same guesses as everyone else. They've always done that sort of thing. At least this one is only an "expected". Every time there's a government announcement it is "Later today the minister will announce..." What's the point of making the bloody announcement if everyone knows beforehand?

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"What's the point of making the bloody announcement if everyone knows beforehand?

Because it allows journalists time to think of some interesting/relevant/tough questions to ask when said minister makes the announcement.... Except they never do.

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I don't think we should get carried away with whatever the Nationwide say on Thursday.

They represent a diminishing share of the mortgage market and cannot compete with the banks at the moment. I imagine the type of person who takes out a Nationwide mortgage is in a similar profile those who shop at John Lewis.

Here's hoping for -3% :lol:

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  • 152 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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