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

Nationwide Feb Figures Tomorrow

Recommended Posts

Forex is predicting -0.2% for Nationwide and -0.6% for Halifax (which may also be out tomorrow).

Have they ever been out on the same day?

Some great opportunities for media spin. Halifax says down 1.2%, Nationwide down 1.1%. Which is true? We can't say. It just shows how the indices are meaningless any way, it's different in each region etc etc.

Share this post


Link to post
Share on other sites

Is it that time of the month again. My life is passing so quickly waiting for this crash :blink:

Yes, we need to start a steady acceleration towards crash cruise speed, it's starting to get boring now.

Liked the BBC's take on the YoY figures going -ve, wouldn't have seen that a few months ago, would have been all over the +0.2 MoM.

Is that the faint smell of fear on the horizon.........

Share this post


Link to post
Share on other sites

Have they ever been out on the same day?

Some great opportunities for media spin. Halifax says down 1.2%, Nationwide down 1.1%. Which is true? We can't say. It just shows how the indices are meaningless any way, it's different in each region etc etc.

Don't Forex remove the sliding dates when it's confirmed for both indexes.

Share this post


Link to post
Share on other sites

Don't Forex remove the sliding dates when it's confirmed for both indexes.

Yeah nationwide is confirmed for tomorrow but I doubt Halifax will be out so early. It will change either to a 8am or move back a day later this evening.

Share this post


Link to post
Share on other sites

If it's positive this month I'm going straight out to get NR 90% mortgage, asset striping the house, defaulting on the mortgage and then leaving the country.

"asset striping the house" - selling all the copper pipes, lead flashing, roof tiles, cut up the turn and sell to someone who has bought a new build with no lawn. flog the doors on ebay. Could knock down the walls and sell the bricks as 2nd hand ones ( you pay more for them it seems ). Sell the plants from the garden at a car boot. The windows...doubt you'd get much for them. The hob/gas hood, theres another 100 quid......

I might even turn a profit.

This could be the new way to make cash from your house...reverse flipping. ;)

Share this post


Link to post
Share on other sites

£1367 :D

The next time it hits that it will be the dreaded quintuple top. The stochastic crowd said that no break out has ever occured after a quintuple top (based on the wave formula and reversion points which $1367 happend to be--my guess was right on!). I would sell and take your profits as 98% lose by holding out for that last 1% and miss the top by a mile. Don't forget that the peak in 1980 is $2345.83 in today's prices.

Biggest political turmoil in 50 years and inflation fears everywhere and what has it done? Take that as your sell signal. :o:o:o

Share this post


Link to post
Share on other sites

My guess? 0.7% fall.

Not that it means a fish's t!t around here where silly season appears to be in full swing.

Asking prices exceeding 2008 peak...all it takes is one vendor to sell and the rest hold firm expecting the same.

With no pressure to sell, they're sitting pretty.

Share this post


Link to post
Share on other sites

The next time it hits that it will be the dreaded quintuple top. The stochastic crowd said that no break out has ever occured after a quintuple top (based on the wave formula and reversion points which $1367 happend to be--my guess was right on!). I would sell and take your profits as 98% lose by holding out for that last 1% and miss the top by a mile. Don't forget that the peak in 1980 is $2345.83 in today's prices.

Biggest political turmoil in 50 years and inflation fears everywhere and what has it done? Take that as your sell signal. :o:o:o

I'll take your buy signal as my sell signal - no offence intended :)

Share this post


Link to post
Share on other sites

The next time it hits that it will be the dreaded quintuple top. The stochastic crowd said that no break out has ever occured after a quintuple top (based on the wave formula and reversion points which $1367 happend to be--my guess was right on!). I would sell and take your profits as 98% lose by holding out for that last 1% and miss the top by a mile. Don't forget that the peak in 1980 is $2345.83 in today's prices.

Biggest political turmoil in 50 years and inflation fears everywhere and what has it done? Take that as your sell signal. :o:o:o

Gold and silver were under pressure before the middle east stuff started and I suspect they'd have gone a bit lower without it ($1250 gold and $24 silver maybe). But this would just have been a healthly correction in a bull market that has many years to run IMHO.

Do you really think that the worst of the financial crisis is over RB? Or that the current political turmoil is as bad as it's gonna get?

My guess is that you've seen nothing yet. I think your soon to be homeowner status is clouding your judgement!

Edited by Constable

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.

  • 285 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.