Monday, May 21, 2007
Are we there yet? House price crash started in May 2007?
Firstrung: House prices slow dramatically in May - Rightmove
Miles Shipside of Rightmove did warn that last months' figures were 'freakish' - the 3.6% rise in house prices for April did seem rather out of step with sentiment when considering the other data available. However, most housing market commentators could not have expected house prices to find a reverse gear so quickly, particularly in light of the fact that Rightmove are also reporting a record number of new properties advertised on their website in May, which should have inflated prices not deflated them so dramatically...
Posted by converted lurker @ 01:36 AM (169 views) Add Comment
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