Tuesday, Dec 09, 2008

The latest RICS report [pdf]

RICS: Price balance improves but remains severely depressed

The net balance of surveyors reporting price falls improved from 81% last month to 76.5% in November, However, the number of sales per estate agent fell to the lowest level since records began in 1978.
The EA quotes are always good entertainment: W2008 was the year a soft landing turned into a crash and next year will depend upon what can be salvaged from the wreckage."

Posted by little professor @ 09:26 AM (293 views) Add Comment

1 Comment

1. paul said...

So then with less than one property selling a week per EA, that's 4.5% increase of nothing.

Tuesday, December 9, 2008 09:30AM Report Comment
 

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