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

1. paul said...

Oh my goodness. The crash is truly underway.

Welcome to the new reality, property pornstars.

Monday, January 21, 2008 01:02AM Report Comment
 

2. David Smith's Sub Prime. . . said...

House prices will not fall...

I have my flat in the East End to think about, OK!

Monday, January 21, 2008 08:16AM Report Comment
 

3. hpwatcher said...

I'm fearful of calling a HPC just yet, but it is definitely good news. A few more months of this....

Monday, January 21, 2008 08:21AM Report Comment
 

4. Davros said...

Not stagnation is it? Won't be long till we're negative year on year.

Monday, January 21, 2008 08:59AM Report Comment
 

5. Jason74 said...

Paul, whether the crash is underway, depends on where you are. London asking prices up around 3% on the Month :-(

Monday, January 21, 2008 09:44AM Report Comment
 

6. paul said...

Jason, London prices crashed 6.3% in the last three months of 2007.

Monday, January 21, 2008 12:34PM Report Comment
 

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)

Monday, January 21, 2008 06:29PM Report Comment
 

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