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Scotland The National Average Propper Upper -0.5% Q4'05


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HOLA441

Latest news from the land that allegedly holds up the national averages...

According to this data (from the land reg or rather our equivalent) annual drops registering for nearly all of the most populated areas in Scotland... notably the rate cut seemed to cause a pick up in the quarterlies though, but nowhere near enough to cancel out the rest of the year.

http://news.bbc.co.uk/1/shared/spl/hi/in_d...ml/region12.stm

Edinburgh Quarterly 2.5% Annual -3.8%

Glasgow Quarterly 4% Annual -0.6%

and on it goes...

The summary stats quote a quarterly drop of -0.5% for Q4'05... strange, doesn't seem to show up in the figures they have for all the regions. Isn't this at odds with the VI figures?

Edited by DoubleBubbleTrouble
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HOLA444

In edinburgh it was probably just renewed interest caused by last years drop in interest rates.

I call a dead cat bounce.

I never pay too much attention to the Quarterly figures myself, very volatile... you can see a +8% one quarter then a -12% the next. It's the first time I've seen widespread annual negative's though which is a very interesting development!

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