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rantnrave

Nationwide July 2017 - Prediction Thread

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52 minutes ago, rantnrave said:

Data out tomorrow morning.

Big correction to last month's stonking +1.1% monthly rise??

Anywhere between +5% to -5%.

In other words who knows. I am sure prices will fall at some point, and maybe the biggest house prices indicies will be the last to honestly tell us when they are falling month on month, yes I really think that, but they can cnly cover up for so long.

Ohh, and expect loads of -0.1% monthly figures

Edited by Guest

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So "Annual Change" is little changed from June when it was 3.1%. Now a month later it's at 2.9%, isn't that a fall or am I missing something?

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2 minutes ago, Blod said:

So "Annual Change" is little changed from June when it was 3.1%. Now a month later it's at 2.9%, isn't that a fall or am I missing something?

When is +2./9% in a year a fall ?

:lol: 

 

It's a change in the rate of increase, could shoot off to infinity again any minute, or just track wage rises as I suspect TPTB want.

Edited by TheCountOfNowhere

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Same questions as last month

1 ) What was last months figure revised down by ?

2 ) How much has London fallen by ?

3 ) Sales volumes ?

 

If they've revised down again, maybe someone can contact the NW and ask them exactly why this seems to be happening each and every month, it's misleading especially when committing to a life time and a half of debt.

 

Edited by TheCountOfNowhere

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20 minutes ago, TheCountOfNowhere said:

Got to admit, we've been defeated.


Give it up.  

 

Buy a house.

You are so up and down in your moods.

These figures only suggest things  are still flat, be patient. One a falling momentum does start it will be near on impossible to stop. 

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26 minutes ago, TheCountOfNowhere said:

When is +2./9% in a year a fall ?

:lol: 

 

It's a change in the rate of increase, could shoot off to infinity again any minute, or just track wage rises as I suspect TPTB want.

Last month house prices were rising by 3.1%, now this month they are rising by 2.9%. Isn't that a drop month on month?

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18 minutes ago, wotsthat said:

You are so up and down in your moods.

These figures only suggest things  are still flat, be patient. One a falling momentum does start it will be near on impossible to stop. 

I was joking, FFS,

 

I've asat and watched this nonsense for a decade, do you think I'm going to rush out and buy a house :lol: 

The NW are the NR of 2017.  

There lending policy AFAICS is madness.

Edited by TheCountOfNowhere

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8 minutes ago, Blod said:

Last month house prices were rising by 3.1%, now this month they are rising by 2.9%. Isn't that a drop month on month?

 

Mom +0.3

YOY +2,9

 

If you think that's a drop then you need to re-learn arithmetic

It's a change in the rate of increase.

If could indicate the market has topped and is about to fall, but prices are higher than they were a year a go and a month ago.

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