Report on House Prices - March 2008 - DPMC

[Davo36]

Ummm, it looks like the area under the graph is bigger to me.

But the important thing I reckon is the correlation with immigration. Nothing else seems to correlate with house prices as closely as immigration from what I've seen.

David

[brettc]

Interesting isn't it. This would seem to refute all the other reasons blamed for driving house prices up.

Seems if we want a good price correction we should vote young Winston in.

[McDuck]

Of course the immigration data needs to be there - the graph is showing the correlation between immigration and real house values.

Paul.

Slaps forehead and gives up. I thought it was Migration!

[ream]

Ummm, it looks like the area under the graph is bigger to me.

I thought that too, till I looked at the scale on the other side - 0 isn't the same line on both sides.

Eli

[atiff]

Because I was waiting for something and had nothing better to do.... I integrated the annual average change graph (roughly) and came up with :

sum of the % bars = 461% (nett)
number of bars = 166
461% / 166 = 2.78%

but there is one bar per quarter, and they are annual changes - did again counting only every 4th bar (which I assume is nett annual change over last 4 quarters)

sum of every 4th % bar = 109 (nett)
number of bars counted = 41
109% / 41 = 2.66%

Just for fun....

[atiff]

.... and then realized I wasn't thinking about the compounding effect, so tried again.

Start with 100k, multiply by each yearly % increase/drop (eg, 5% = 1.05), and get a total of 268.1k over the 41 years

Then the 41st root of 2.681 = 1.0243, ie, 2.43% annual compounding increase.

Is my sense of fun weird?

[Davo36]

I thought that too, till I looked at the scale on the other side - 0 isn't the same line on both sides.

Eli

Is this the world's most confusing graph?

[cube]

I thought that too, till I looked at the scale on the other side - 0 isn't the same line on both sides.

Eli

Given the direction of the blue bars, I suspect that the 0s should be aligned.

[ream]

Given the direction of the blue bars, I suspect that the 0s should be aligned.

Now it's DEFINITELY the world's most confusing graph