Wednesday, Aug 15, 2007
London next!
Belfast Telegraph: Ulster property prices in 8% fall
The Royal Institution of Chartered Surveyors (RICS) and Ulster Bank housing survey showed 7% of surveyors recorded house prices falling by as much as 8%.
The latest findings confirmed fears expressed by local estate agents in the Belfast Telegraph last week, who claimed there has been a summer slump. They said house prices had dropped by up to 7% in July but at that stage it was just anecdotal.
Posted by cash_buyer @ 12:04 PM (145 views) Add Comment
4 Comments
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1. Orwell said...
Well before committing myself I would want to see several months of these stats.
2. inbreda said...
A summer slump?
I thought summer was a busy time.
Does that mean there will be a winter crash?
3. Scott said...
London is an exception and will be the last to fall, but will still fall.
4. uncle chris said...
Nah - it will be all the rain in June and July, or the warm winter we had last year - certainly not because house prices were overvalued.