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Halifax House Price Feb '20 (released Mar)


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9 minutes ago, Now or never said:

Mods, please move off topic

 

?

Thanks for posting rantnrave.

There's no virus going to stop this baby. We'd need the Spanish flu and a nuclear holocaust to have any chance of YoY drops.

But seriously I really hope this is the last of the upward ticks that we've seen in this absurd winter bounce.

Go ahead corona virus, make my day.

 

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Also where did the March 2019 massive MoM figure go? I seem to remember it being laughable, like 4-6%, now revised to -0.3%?

Anyone remember the figure?

 

/edit - it was the Feb figure at 5.9% - been revised to 1.5%, I think they should have stuck with the old figure, would have been regretting it on the YoY right now.

Edited by LetsBuild
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6 hours ago, LetsBuild said:

Also where did the March 2019 massive MoM figure go? I seem to remember it being laughable, like 4-6%, now revised to -0.3%?

Anyone remember the figure?

 

/edit - it was the Feb figure at 5.9% - been revised to 1.5%, I think they should have stuck with the old figure, would have been regretting it on the YoY right now.

These "have it both ways" figures make me so mad.  When you have an insane uptick reported at the time to stimulate the "buy now" reflex and then it gets quietly downgraded later to prevent a YoY fall to further stimulate the "buy now" reflex.

How can it be allowed to say one thing and then another thing that are so different? It makes it impossible to judge anything rationally, but I suppose that's the point.  It's a monthly PR release, not a monthly statistical release.

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9 hours ago, LetsBuild said:

Also where did the March 2019 massive MoM figure go? I seem to remember it being laughable, like 4-6%, now revised to -0.3%?

Anyone remember the figure?

 

/edit - it was the Feb figure at 5.9% - been revised to 1.5%, I think they should have stuck with the old figure, would have been regretting it on the YoY right now.

It was revised out of existence in a change of methodology wheeze a few months ago.

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  • 415 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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