Monday, Feb 25, 2008
Buyers are registering, but how many are going to go ahead and buy something
Citywire: House prices fall again as buyers start to warm up, says Hometrack
House prices have fallen for the fifth month in a row with prices dipping by 0.2% in February but there are tentative signs of a potential recovery with a sharp rise in new buyers registering interest with estate agents since last summer, according to Hometrack.Annual house price growth, now at 1.4%, is at its lowest level since April 2006, says the survey. But the number of properties listed with estate agents has jumped by 12.8% in February from January according to Hometrack.
Posted by jack c @ 10:01 AM (633 views) Add Comment
6 Comments
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1. mark wadsworth said...
Either Hometrack are totally deluded or we are. Oh, they are.
2. hpwatcher said...
''tentative signs of a potential recovery ''
It's so understated, it's funny!
3. jack c said...
The Hometrack survey has just featured on todays working lunch - you have to laugh at the desperate attempts by VI's to stay positive on UK property
4. Cheekie Charlie said...
"The 8 per cent rise in February in the number of new buyers registering with agents was well down on the 25percent increases recorded in the same month in the previous two years"
5. mark wadsworth said...
CC, priceless, but where did you get that statistic from?
6. new user 2007 said...
Great. Affordability improvements (not true) are drawing in interest (compared with when? and not seasonally adjusted). Lets all go and buy in a falling market, very likely?