Monday, Jan 21, 2008
Rightmove data: freefall prices
BBC: Average house prices fall further
The BBC losers always find a silver lining for the market "Asking prices were down 0.8% in the five weeks to 12 January but the fall was less than the 3.2% slide seen between November and December" MWA U UAHAHH HAHAHAHAHHA
Posted by confused76 @ 12:23 AM (644 views) Add Comment
7 Comments
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1. paul said...
Oh my goodness. The crash is truly underway.
Welcome to the new reality, property pornstars.
2. David Smith's Sub Prime. . . said...
House prices will not fall...
I have my flat in the East End to think about, OK!
3. hpwatcher said...
I'm fearful of calling a HPC just yet, but it is definitely good news. A few more months of this....
4. Davros said...
Not stagnation is it? Won't be long till we're negative year on year.
5. Jason74 said...
Paul, whether the crash is underway, depends on where you are. London asking prices up around 3% on the Month :-(
6. paul said...
Jason, London prices crashed 6.3% in the last three months of 2007.
7. Jason74 said...
True Paul, but I was told by an Estate Agent I know a few days ago that the last quarter of last year was dire for business, but that things are now picking up big time. The big Q4 followed by this rebound tends to verify that to a degree (although we are of course talking about asking prices here rather than sold)