Tuesday, Jan 23, 2007

The Rightmove BULLS??? ?

Telegraph: House Prices To Rise Despite Rate Move

Here's confidence at its best!! House prices are purportedly to continue rising according to Rightmove, with it's prediction of a further increase in January.
Whether an agency who derive there profits from estate agents who derive there profits from the sellers who derive there profits from inflated house prices can be nearly reliable is another question - but I think the constant whipping up of the housing market is now proving to be hard work even for the most optimistic heads of rightmove as there investors and shareholders react contrary to the article.
Take a look at the shareprice tumble of RMV today!! Looks to me (an optimist WITH EXPERIENCE) that the bubbles ready to pop!!.

Posted by andy @ 01:28 PM (175 views) Add Comment

8 Comments

1. Pelethar said...

Calm down dear!

Tuesday, January 23, 2007 02:54PM Report Comment
 

2. The Bald Man said...

Turkies do not vote for Christmas. What else would you expect RM to say.

Tuesday, January 23, 2007 03:30PM Report Comment
 

3. paul said...

Ooo look!

A link (shareprice) in a post. How'dya do that then?

Tuesday, January 23, 2007 04:20PM Report Comment
 

4. tyrellcorporation said...

That is very clever! It's probably using a Trojan Worm or something...

Tuesday, January 23, 2007 04:40PM Report Comment
 

5. Jacket said...

Not a share price tumble - only down 2.4% and that is just after the share price hit record highs so it could merely be profit taking.

Tuesday, January 23, 2007 04:58PM Report Comment
 

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