Friday, Dec 28, 2007
News handily burried on Xmas Eve
FT: House sales signal property market slowdown
Selling a house is taking longer than at any time in the last six years, adding to the growing evidence of a housing slowdown, according to a survey of estate agents to be published on Monday.
House prices fell by 0.3 per cent in December from November – the third consecutive monthly drop – according to Hometrack, while the average time to sell was 8.3 weeks, the longest since the survey began in 2001.
EDITOR’S CHOICE
Forecast of stable house prices next year - Dec-20Novice buy-to-let investors squeezed as market cools - Dec-14Lex: UK housing - Dec-13UK housing market slows still further - Dec-13House price inflation falls - Dec-07Interactive house price map - Dec-07
Posted by doomwatch @ 10:42 AM (166 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
No comments have been submitted.
Be the first person to add your comment by completing the form below.