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rantnrave

Halifax May 2017 Prediction Thread

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For reference:

Feb:   +5.1%, +1.7%, +0.1% (Year on Year, Quarterly, Month on Month)
March:+3.8%, +0.1%, +0.0%
April:   +3.8%, -0.2%, -0.1%

I think downwards trend accelerating so

+2.9% Year on Year, -0.4% Quarterly, -0.3% Month on Month

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The standardised price per Halifax in April 2016 was 211,821.  Followed by 214,115 in May 2016 (a +1.1% uptick).  The 211,821 will fall out of the YoY calculation, so even without falls in the real world right now, I'm expecting a downward trend.

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2 hours ago, TheCountOfNowhere said:

How much did they revise last months down by ?

To their credit, in the April report they revised March upwards which accentuated the downwards headline rate. 

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2 hours ago, John The Pessimist said:

There's a media purdah, which is what I was referring to, as opposed to the public service purdah.

Don't think it's called that, but certainly the media are heavily restricted on what they can say whilst polls are open.

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7 minutes ago, SE10 said:

Don't think it's called that, but certainly the media are heavily restricted on what they can say whilst polls are open.

Are you sure they are restricted?  Daily Mail haven't yet written that Corbyn eats babies and kittens but they are not far from that point right now.

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4 hours ago, Bear Hug said:

Are you sure they are restricted?  Daily Mail haven't yet written that Corbyn eats babies and kittens but they are not far from that point right now.

Eats babies and kittens?.  According to the DM he's going to do something MUCH worse than that....

 

http://www.dailymail.co.uk/news/article-4578912/Labour-plan-crash-house-prices.html

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Can't Halifax just go bust and speed this up.

Unbelievably stupid system, zero chance of salaries or deposits keeping pace with the type of increases we've seen in SE 10-20% every year without fail since 2013. Do the calcs, impossible now unless you already have access to major prop wealth. 

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9 hours ago, Bear Hug said:

Are you sure they are restricted?  Daily Mail haven't yet written that Corbyn eats babies and kittens but they are not far from that point right now.

Polls don't open until tomorrow so restrictions not in force yet, see this.

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