Tuesday 31 January 2012

Australian House Prices - Down, down, prices are down?

The RPData monthly house prices have had the following profile month on month % change:

  • Down
  • Down
  • Down
  • Down
  • Down
  • Down
  • Down
  • Down
  • Down
  • Down
  • Up 
  • Down
Yet we see headlines like this:

"House prices may have bottomed"

Pleeaassee...  
Posted by at

3 comments:

  1. Rocko Chen31 January 2012 at 01:02

    awesome

    ReplyDelete
  2. Damien Miller31 January 2012 at 13:28

    Well, they are saying they _may_ have bottomed. That doesn't exclude that they _may not_ have bottomed...

    ReplyDelete
  3. Stephen Koukoulas31 January 2012 at 16:53

    Damien - spot on! But don't present facts to those with a vested interest in talking up house prices. SK

    ReplyDelete

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