Pent Up Posted January 16, 2011 Share Posted January 16, 2011 (edited) Anyone care to predict? Rightmove I'll just say positive after a 3% December drop. Could be anything really though. The January survey will include the last 3 weeks of December (SNOW!) and the first week of January. Then RICS Tuseday morning. Going by what the NAEA said the other day about a very poor December this should drop further after a little jump in the previous survey. FF forecasting a slight increase from -44% to -43% Edited January 16, 2011 by Pent Up Quote Link to comment Share on other sites More sharing options...
rantnrave Posted January 16, 2011 Share Posted January 16, 2011 Spring bounce mentality - that first week of Jan will skew asking price numbers upwards. Watch out for this in the next set of data too. Quote Link to comment Share on other sites More sharing options...
red Posted January 16, 2011 Share Posted January 16, 2011 Rightmove already posting a big fat -3%: http://www.housepricecrash.co.uk/forum/index.php?showtopic=157807 Although I can assure you that isn't the case around here... Quote Link to comment Share on other sites More sharing options...
Pent Up Posted January 16, 2011 Author Share Posted January 16, 2011 Rightmove already posting a big fat -3%: http://www.housepricecrash.co.uk/forum/index.php?showtopic=157807 Although I can assure you that isn't the case around here... Thats last month unfortunatly. Another 3% down would be quite impressive. I'm expecting a slight rebound. Quote Link to comment Share on other sites More sharing options...
NEO72 Posted January 16, 2011 Share Posted January 16, 2011 Thats last month unfortunatly. Another 3% down would be quite impressive. I'm expecting a slight rebound. That was my initial thought too given we've had two consecutive 3% drops. But then again, can't see anyone other than pretty motivated sellers coming to market in december and don't think the kiteflyers will register until next month. Down circa 2%? Quote Link to comment Share on other sites More sharing options...
Realistbear Posted January 16, 2011 Share Posted January 16, 2011 Spring bounce mentality - that first week of Jan will skew asking price numbers upwards. Watch out for this in the next set of data too. Been tracking a few around my way and one near the top of my list just dropped £25,000 k (£250 to £225). Much has been on the market since September and no interest which is causing sellers to get scared--the newspapers are so full of gloom I doubt anyone outside London will be asking more. Quote Link to comment Share on other sites More sharing options...
Pent Up Posted January 16, 2011 Author Share Posted January 16, 2011 Rightmove will be up for the next three months as they only measure deluded initial asking prices. And do not seasonally adjust. Quote Link to comment Share on other sites More sharing options...
fellow Posted January 16, 2011 Share Posted January 16, 2011 This last month has been a total bear wave. I think the EAs may have got the message. Quote Link to comment Share on other sites More sharing options...
Kazuya Posted January 16, 2011 Share Posted January 16, 2011 This last month has been a total bear wave. I think the EAs may have got the message. Or not. Quote Link to comment Share on other sites More sharing options...
fellow Posted January 16, 2011 Share Posted January 16, 2011 Up 5%, snow restricted supply so prices prices will have increased. Supply and demand innit. Do people take their house off the market when it snows? If anything the snow restricted demand http://www.housepricecrash.co.uk/forum/index.php?showtopic=157655&st=0. At least that's what they are blaming it on. Quote Link to comment Share on other sites More sharing options...
Pole Posted January 16, 2011 Share Posted January 16, 2011 - 0.7% that's my guess Quote Link to comment Share on other sites More sharing options...
Pent Up Posted January 17, 2011 Author Share Posted January 17, 2011 Correct. Stock levels around my way (Suffolk) are still falling and agents are taking out big adverts begging prospective sellers to step forward for valuations. It doesn't take a genius to work out where this is heading. Stock levels are back on the up in Essex. there are still more properties on the Market now than there were last in summer last year! Quote Link to comment Share on other sites More sharing options...
exiges Posted January 18, 2011 Share Posted January 18, 2011 RICS : -39, up from -44.. Quote Link to comment Share on other sites More sharing options...
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