Tuesday, May 12, 2009

RICS own overview and download of report

RICS: Housing Market Survey April 2009

Further rise in buyer enquires but new instructions fall again
Other key points:
Rising buyer interest fuels greater sales activity
Changes to Home Information Pack (HIP) rules lead to a sharp drop in new instructions
Increase in sales to stock ratio for fourth consecutive month suggests prices could stabilise later in the year
The seasonally adjusted net balance of surveyors reporting falling rather than rising prices posted a marked improvement in April.
At 59.9, the series remains deeply in negative territory but this still represents the best reading since January 2008.

Posted by wdbeast @ 11:46 AM (621 views) Add Comment

5 Comments

1. paul said...

Again this is being desperately pounced upon by the mainstream media, even though it has absolutely no statistical merit in supporting the idea that house prices are likely to go up.

EAs seem to live in a land where trees keep growing for ever. Either house prices are rocketing upwards or affordability is rocketing upwards.

Tuesday, May 12, 2009 11:54AM Report Comment
 

2. crunchy said...

paul... Even a cat in hunting knows better than to pounce on a lifeless stinking rat.

It will leave it for the maggots, and move on to more adventurous game.

Tuesday, May 12, 2009 01:07PM Report Comment
 

3. Philip9134 said...

crunchy are you sure, most estate agents would sell there mother for less than a stinking rat. After all if they feel that they can blow a little more air into the balloon they will.

Tuesday, May 12, 2009 09:05PM Report Comment
 

4. crunchy said...

3. Philip9134

Little in common...
One is the cats whiskers the other one thinks they are!

Wednesday, May 13, 2009 10:44AM Report Comment
 

5. crunchy said...

I did mention maggots? Yes I did!

Wednesday, May 13, 2009 10:47AM Report Comment
 

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