Monday, Jun 23, 2008

Supply and Demand!

Telegraph: Credit crunch: 15 sellers to every buyer

Only one in every 15 properties on the market were sold last month, according to figures published today (Mon). The oversupply has forced owners to slash nearly £3,000 off the average house price in the last five weeks.

Posted by cheekie charlie @ 09:29 AM (228 views) Add Comment

2 Comments

1. Safe As A Crash said...

I thought there was a housing shortage?

Monday, June 23, 2008 10:03AM Report Comment
 

2. Letsgetreadytotumble said...

Rightmove is advertised price. It don't give any idea what the seller may discount. Not very useful figures?
I wonder why peeps are still buying houses at the moment.

Monday, June 23, 2008 01:11PM Report Comment
 

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