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The Masked Tulip

Decline Of House Prices In Gloucester And South West Slows Massively

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http://gloucesterproperty.wordpress.com/

The slowdown in decline of UK house prices as a whole is coming as a result of short supply combining with increased activity, and it is obviously no different in Gloucester.

“We have seen supply really tightening in the last 8 weeks,†said Joseph Harwood of Rock Star Investment Gloucestershire.

“In the case of Gloucester it has been interesting, the lack of supply is the predominant factor in the current stabilisation as any increase in buyer activity has been nominal. In the last week supply has been picking up again, which will put the current stabilisation at risk. More price falls won’t harm us anyway, as they increase the rental yields we can offer our clients,†he explained.

Supply and demand. Hmm...

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the rate of decline is decreasing.

still declining though.

and supply increasing...and rates rising... looks like a price boom is in the air....NOT

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the rate of decline is decreasing.

still declining though.

and supply increasing...and rates rising... looks like a price boom is in the air....NOT

dont underestimate the power of tax payer funded 'spending'

over 200000 now availing mortgage interest payments .. why would anyone sell ?

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I read that the decline was accelerating slowly, but reducing more slowly than the rate of reduction.

But I was pretty drunk when I read that.

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I wonder what will happen to demand when all those people get laid off from the C&G later this year,especially as their head office is in Gloucester. Not much demand going to be left around there .

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