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'the Traditional Summer Lull'

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http://www.guardian.co.uk/business/2009/ju...-housing-market

Although Taylor Wimpey also predicted that sales will slow down over the next few months – thanks to the tradional summer lull – shares in the company jumped 8% in early trading to 33.5p. Other housebuilders also rose as traders took confidence from the trading update.

The Land registry recorded monthly sales has a chart on page 12 that shows sales falling off a cliff (both seasonally and non-seasonally adjusted). So presumably volumes have further to fall. On another note does this mean that volumes will not even have a chance to recover to 'normal' until spring 2010 ?

http://www1.landregistry.gov.uk/assets/lib.../hpi162009e.pdf

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http://www.guardian.co.uk/business/2009/ju...-housing-market

The Land registry recorded monthly sales has a chart on page 12 that shows sales falling off a cliff (both seasonally and non-seasonally adjusted). So presumably volumes have further to fall. On another note does this mean that volumes will not even have a chance to recover to 'normal' until spring 2010 ?

http://www1.landregistry.gov.uk/assets/lib.../hpi162009e.pdf

I don't understand the bit about the traditional summer lull. Didn't we have a countdown on here last year for JASON dying?

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'Now is the Winter of our Discontents

Made even worse because of falling rents...'

Edited by juvenal

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