Monday, Jun 22, 2009

Weedkiller hits greenshoots

Yahoo: House prices fall for first time since Jan

"The hesitation in asking prices after four consecutive monthly rises appears to highlight that, while new stock remains in short supply, new sellers are having to vary their prices to match local buyer demand," the property website said.

Posted by mark @ 10:56 AM (927 views) Add Comment

4 Comments

1. japanese uncle said...

Or maybe fungus fighter did the job.

Monday, June 22, 2009 11:16AM Report Comment
 

2. Chapmania said...

Why all this talk of 'buyers are now snapping up bargins'? A house costing around 40% more than would it should is classed as a bargin? It's a bargin to be up to your eyeballs in debt with no disposable income to spend on other things in life?

Then later in the article some 'expert' claims that house prices have no more than 10% to drop. Hmmmmmm, seems like another person with a few properties to his name is trying to protect his investment.

Monday, June 22, 2009 11:39AM Report Comment
 

3. uncle tom said...

Remarkable that Rightmove's average asking price is roughly 50% above the average sale price. Shows just how much high value property is waiting in vain to find a buyer..

Talk of 'snapping up bargains' does make me smile - the youthful innocence of gullible journalists...

Monday, June 22, 2009 12:40PM Report Comment
 

4. mark wadsworth said...

"new sellers are having to vary their prices to match local buyer demand"

Brilliant, that must be up there with 'negative growth' and 'pent-up demand'.

Monday, June 22, 2009 01:01PM Report Comment
 

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