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Ft headline "Halifax reports 9.7% annual growth in house prices".

It's the way they use lagging moving three month moving averages, it's down in reality but steady on a moving average. February 16 on February 15 it is down to 8.6%...209495/192932.

The table here has been updated.... via historic data/ go to All Mon( SA) table (scroll across at bottom).

Moving averages are a great way to lose a rogue monthly stat, also a great way to lose the truth if indeed February was a shocker.

http://www.lloydsbankinggroup.com/media/economic-insight/halifax-house-price-index/

Edited by crashmonitor

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10% growth is the sweet spot. 20-30% growth per annum is where we risk having a bubble. But we should worry anyway because people at the Bank of England are watching

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It's the way they use lagging moving three month moving averages, it's down in reality but steady on a moving average. February 16 on February 15 it is down to 8.6%...209495/192932.

The table here has been updated.... via historic data/ go to All Mon( SA) table (scroll across at bottom).

Moving averages are a great way to lose a rogue monthly stat, also a great way to lose the truth if indeed February was a shocker.

http://www.lloydsbankinggroup.com/media/economic-insight/halifax-house-price-index/

Volatility is volatility. Not every down tick, second, minute, hour, day, week, month etc is a "crash".

Not every smoothed data series is "a great way to lose the truth"

Edited by R K

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10% growth is the sweet spot. 20-30% growth per annum is where we risk having a bubble.

But that would be 10% 'steady' growth on already insanely bubblicious prices.

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It's the way they use lagging moving three month moving averages, it's down in reality but steady on a moving average. February 16 on February 15 it is down to 8.6%...209495/192932.

The table here has been updated.... via historic data/ go to All Mon( SA) table (scroll across at bottom).

Moving averages are a great way to lose a rogue monthly stat, also a great way to lose the truth if indeed February was a shocker.

http://www.lloydsbankinggroup.com/media/economic-insight/halifax-house-price-index/

Lies, damn lies and statistics!

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But that would be 10% 'steady' growth on already insanely bubblicious prices.

And approx 11% above wage inflation on non service sector ( aka ponzi workers ) wages :lol:

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Unless I miss heard it I'm sure it said on Radio 4 earlier today that prices are up 4.something for the year to Feb?

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