Wednesday, Apr 08, 2009
Our survey said - "haggle vendors down to the bone on price"
FT: Housing market not expected to recover this year
The majority of Britons do not expect to see any recovery in the housing market this year, according to new research by Unbiased.co.uk. The study found that 58 per cent of people do not expect to see any recovery in house prices this year, while 18 per cent do not see any prospect of an upturn until at least 2011.
This situation is exacerbated by the fact that while 28 per cent of people are currently interested in buying a property, a quarter of these are holding off looking at prospective properties in the belief that prices have further to fall.A further one in four are holding off buying to save up a bigger deposit, with this figure rising to almost one in five (18 per cent) of those aged between 18 and 34.Even more worrying for sellers, is that 50 per cent of people feel they would
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1. Neil B said...
"A further one in four are holding off buying to save up a bigger deposit, with this figure rising to almost one in five (18 per cent) of those aged between 18 and 34".
I think the writer needs a basic maths lesson - How long has 1:5 been larger than 1:4?