House Prices Down 10.5%

[DimPrawn]

You think those figures are accelerating? No wonder I had such a hard time explaining time series variation along a trend line to you. Stick to dreaming about getting rich.

Don't need to dream matey, got just under £1M of assets and cash at my disposal.

[sasguru]

Don't need to dream matey, got just under £1M of assets and cash at my disposal.

Sure you have, sure you have

You are the new Threaded and I claim my 1 million Zimbabwean dollars.

[Bob Dalek]

I'm the Pope.

[oracleslave]

I'm the Pope.

pope's nose

[DimPrawn]

You think those figures are accelerating? No wonder I had such a hard time explaining time series variation along a trend line to you. Stick to dreaming about getting rich.

If something is falling at a constant year on year rate, the % fall remains the same.

e.g.

Jan -2%
Feb -2%
Mar -2%

Plotted on a graph, the asset is falling and the price drop is neither accelerating or slowing, but is constantly falling.

If the figures show the (abs) percentage increasing

e.g

Jan -2%
Feb -3%
Mar -4%

Then the drop is accelerating surely? Ie. the fall is not a constant % but an increasing fall each month.

I might be wrong. My specialist skills are drag 'n' drop and making money quickly.

[Diver]

If something is falling at a constant year on year rate, the % fall remains the same.

e.g.

Jan -2%
Feb -2%
Mar -2%

Plotted on a graph, the asset is falling and the price drop is neither accelerating or slowing, but is constantly falling.

If the figures show the (abs) percentage increasing

e.g

Jan -2%
Feb -3%
Mar -4%

Then the drop is accelerating surely? Ie. the fall is not a constant % but an increasing fall each month.

I might be wrong. My specialist skills are drag 'n' drop and making money quickly.

Class

[BlasterBates]

The consensus is at least 20% drop peak to trough. Last year it was 10%, and the year before a 10% probability of a 10% drop. Expect this estimate to change.

A woman on German telly, said there would be a correction and was predicting up to 40% before the drop started last year.

[chicane]

Before we know it, we'll be snapping them up at bargain prices like these:

http://www.houseprices.co.uk/e.php?q...7190&f=pd&n=10

[expat]

Boomed

House prices up in Shetland

Shetland Islands

Change in last year: 12.7%

[Cyberman]

Wait for the next Land Registry figures which show ACTUAL prices..... they will show prices rising in my area, as they did last month, and that is all I care about !!