Thursday, January 12, 2006 

First Rung: Lucky number seven? Let`s put aside the search for triggers to propel falls in property values for one moment, when looking for a pointer for the property market to correct massively in coming years it is quite simply to be found in the absent number of first time buyers. According to data recently published by the N.A.E.A., the percentage of first time buyers reached an all time recorded low towards the final quarter of 2005 to stand at close on 7%. That is down from a peak of nearly 50% in 1999.
posted by DavidG  @ 5:49 PM 9 comments

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