Jump to content
House Price Crash Forum
Sign in to follow this  
pootle

The Man From The Hbos...

Recommended Posts

Link to document

· Northern Ireland Index (seasonally adjusted) 704.2

· Quarterly Change (Q2 2008 on Q1 2008) -14.6%

· Annual Change (Q2 2008 on Q2 2007) -21.1%

· Standardised Average House Price in Northern Ireland (seasonally adjusted) £181,078

So that's a measly 14.6% drop in house prices in the last 3 months in Northern Ireland and a year on year fall of 21.1%

...nice :rolleyes:

Share this post


Link to post
Share on other sites
Is 704 the sample size i.e. is that the number of houses sold in the last quarter? If so that's even fewer than were sold in Jan-March!

No, 704 is their "index". Doesn't say what the sample size is...but it does say 21.1% fall in house prices over the last year and 14.6% fall in just the last 3 months!

Don't forget folks, it only takes a 33.3% fall to wipe out a 50% rise!

(for those struggling over the maths:

£100000/100*150=£150000 i.e. £100000 + 50% = £150000

£150000*(66.6666/100)=£100000 i.e. a 33.3% fall takes you back the start)

Share this post


Link to post
Share on other sites
No, 704 is their "index". Doesn't say what the sample size is...but it does say 21.1% fall in house prices over the last year and 14.6% fall in just the last 3 months!

Yes, how I loved those figures!!! Our annualised fall is going to be mega if this keeps up! I could dance for joy.

:lol:

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 399 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.