Monday, Mar 08, 2010
Property auction prices still on down ward trend(unspun heading)
Perspicacious.: Property auction prices bounce back
He added that given this month’s improvement, the Nationwide and Halifax surveys may improve in March. But his wider view of the market remains negative: ‘At -21%, the auction discount in February is nevertheless large by historic standards and the trend in the API remains downward. ‘There has been a clear weakening of prices achieved at auction since late 2009, which adds to survey evidence that the balance of power between buyers and sellers in the conventional market has begun to shift. ‘The index continues to point towards a further falls in prices
Posted by waitingtobuy @ 05:05 PM (789 views) Add Comment
3 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. waitingtobuy said...
It does not seem to occur to them that auction prices v agent prices gap may have narrowed because agent prices have fell.
2. little professor said...
Jesus,what a dodgy-looking site. Why not link to the original article rather than this spam-infested blog which has ripped off the content?
This Is Money: Property auction prices bounce back
3. Open Minded said...
No wonder auction properties trade at a significant discount - most resemble disused crack dens and nearly all are in dodgy neighbourhoods. What are the sale prices compared against - are we comparing applies with apples...?