Tuesday, Feb 17, 2009
Sales may rise... doubt prices will
BBC News: Home sales may rise say surveyors
Property sales may pick up in the next few months, according to a survey from the Royal Institution of Chartered Surveyors (Rics).
It says lower house prices have prompted renewed interest from potential buyers, especially those who already own a house or flat.
However first time-buyers are still largely locked out of the market.
Posted by debtfree @ 08:41 AM (218 views) Add Comment
1 Comment
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1. new user 2007 said...
"Interest from owner-occupiers is likely to persist over the comings months as those with large deposits look to capitalise on the drop in house prices"
Um...but will their own houses not have suffered a fall in prices? i.e. they will have also seen a drop in their equity (and so in their own available "deposit".