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i wanna house

Uk Property Consumers Show Confidence In The Year Ahead

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the people have spoken......

http://www.rightmove.co.uk/news/consumer-confidence-survey/ccs-quarter-1-2010

Key points

  • Huge sentiment swing from January 2009 with 53% now believing prices will increase in the next 12 months, from just 10% in Q1 2009
  • Only 13% believe prices will fall over the next 12 months compared to 69% a year ago
  • Slight dip in confidence regarding prices since Q4 2009
  • Those feeling it is a good time to buy has steadily fallen for the last 4 quarters
  • Only 1 in 10 people thought it was a bad time to buy, down 5% year-on-year
  • Scottish are the most confident in their market with 67% believing it is a good time to buy
  • Bottleneck in supply with only 5% believing now is a good time to sell compared with 62% believing it is a good time buy
  • Encouraging year-on-year fall of -23% in those stating it is a bad time to sell
  • More people in London and the South East believe it is currently a good time to sell, both with 8.6%

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(1) what a load of crap - who cares what idiots with enough time on their hands to complete EAs' surveys think?

(2) that press release is over four months old.

Edited by the flying pig

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(1) what a load of crap - who cares what idiots with enough time on their hands to complete EAs' surveys think?

(2) that press release is over four months old.

I would be very careful about something 4 months out of date. Since this was published, the stock market has fallen 20%, both Halifax and Academetrics (not others yet) have shown 3 or 4 month sustained house price falls and our friend George has slashed public sector, and by connection private sector spending by billions.

Even the Express is talking about price drops now. Be very afraid.

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  • 146 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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