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crash 2005

Countrywide Reports Upsurge In Market Activity

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http://news.independent.co.uk/business/new...ticle313009.ece

Countrywide, Britain's largest estate agent, said yesterday interest in the housing market had hit its highest level for more than a year.

The group said there had been a sharp rise in the numbers of its visits to its branch offices and via Rightmove, the website it part-owns.

"This is further evidence that there is currently more interest in the housing market than has been the case for 15 months," the company said in a statement to the City that triggered a jump in its shares.

What!!!

How can looking on rightmove possibly be classed as an upsurge in activity.

surely its a case of i wonder how much the houses in my area have fallen over the last 14 months.

and the likes of us just keeping an eye on values as they drop.

what a load of VI spin, and shareholders are swallowing it... idots

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"...a sharp rise in the numbers of its visits to its branch offices..."

More to the point - why should the number of times the company visit their branch offices or website be of interest to anyone? :lol:

My boss would be pretty unimpressed if I said the number of times I visited my company's website had increased.

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Guest The_Oldie

Countrywide own 30% odd of Rightmove.

Rightmove are floating in the next few months and Countrywide share price is being propped up as result.

Expect lots of spin :D.

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I only log on to Rightmove to find out the latest overpriced dump in my neighbourhood and to find out how much people have over-paid for their flats.

But then again, I do have a pretty high "interest in the housing market", even if my interest is to see it fall. :lol:

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Seems legite to me, "interest" in the market does not mean people buying...

We all have an interest in the market and not many of us will buy now, its simply a catalouge... i often look through catalouges for hand/power tools (must be a man thing thats built into me). I very very rarely buy tools.

Fear not.

EDITED:

I tend to have a flick through the free local newspaper. If i had to pay 10p for it then i wouldnt, its because its free and im waiting to be amazed or impressed or just ... something... by it.

Edited by theChuz

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there are still idiots out there buying,

my near street is Goldsmith Road in London N11

I saw 3 sold signs there just the other day after nothing for 2 years,

I wonder if its people trading down ?

but that begs the question of who would buy their house !!!

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Guest Riser
Well, strictly speaking it's true. It's an upsurge in 'activity', not - say - 'sales'.

Posted this on an earlier thread:

Traffic data from Alexia doesn't suggest there has been a significant increase in websit traffic on the rightmove site;

Rightmove Website Traffic by Alexia

Rightmove Popularity

Why not write them a review while you are there B)

Edited by Riser

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I always thought market activity had something to do

with making a purchase, not just gazing in the window.

Seems I was wrong.

But I believe Countrywide has quite a few less windows

to gaze into, having shut down a large number or branches.

I guess the next step is ...

"Huge upsurge in number of people who are contemplating

making a decision to possibly get out of their house and

go look in an Estate Agent's windows."

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What about those people looking to affirm their recent purchases by checking new price.

Because 'prices only go up' the lower price houses must be lower quality or lacking in view, or garden or mini halogeons..

50 visits later the nasty truth may sink in!!!

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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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