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ftb_one_day

Falling Markets

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I've seen many, many, posts on here exclaiming with glee that house prices are falling dramatically, and quoting examples of properties falling from £800k to £700k, or whatever. But are prices of houses in the market of £400k, £500k, £600k, and beyond, of any relevance to those people who can only afford sensible prices, for example 3.5x £25,000? Where are all the reports of starter home prices falling to something within the realms of reason and possibility to most people?

Thoughts please!

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Where are all the reports of starter home prices falling to something within the realms of reason and possibility to most people?

Thoughts please!

Just look at the weekly local or regional property pages and you'll see hundreds of 'lower end' houses marked 'Reduced' or 'New Price' with the occassional 'Re-available'.

Alternatively, try the new flats market and you'll see even greater reductions but described as 'offers' by the building companies.

If you're seriously looking, you'll certainly find the falling prices. Perhaps you're not looking hard enough or maybe don't want to see the falling market. But, it's certainly there.

p

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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