Monday, Dec 14, 2009
Here Comes The Winter
Rightmove: December Asking Prices Report
I thought shortage of stock meant rising prices according to press wisdom?
"In spite of the lowest average stock for sale for 21 months, new sellers have dropped their asking prices by 2.2% this month (-£4,977). This follows November’s fall of 1.6%. We expect a further drop next month, meaning the final quarter of 2009 will see 3 consecutive monthly price falls as the motivation of winter sellers outweighs the growing lack of choice for potential buyers."
Posted by ontheotherhand @ 12:18 PM (647 views) Add Comment
2 Comments
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1. greenshootsandleaves said...
That's about the closest we'll ever get to seeing a gloomy Miles Shipside outlook for the property market. Things must be bad!
2. fallingbuzzard said...
That man is so full of ship