Jump to content
House Price Crash Forum
Sign in to follow this  
Harold Bishop

Rightmove Market Trends - Again

Recommended Posts

I know we've looked at this before and not all numbers have been reported to LR yet but I think this looks a bit sickk

Same picture in my target areas. There is, de facto, no housing market. I see the same places that were for sale a year ago.

People can talk about 'average sold prices' all they want, but that is just an index of the final, fleeting greater fools.

Share this post


Link to post
Share on other sites

Yes, but we're not going to see any movement until the other chart starts showing gains. By the other one I mean the green one showing properties on the market.

Share this post


Link to post
Share on other sites

Yes, but we're not going to see any movement until the other chart starts showing gains. By the other one I mean the green one showing properties on the market.

Share this post


Link to post
Share on other sites

Well the graphs in my area look a lot better from a HPC perspective 750 marketed properties in CT14 compared to 450 2 years ago, transactions are 50% off peak too but average prices are the same as 2 years ago :angry:

Properties sold

Properties marketed

I know right move is more popular than evert and there is only one small estate agent in this town which now does not use it.

Share this post


Link to post
Share on other sites

Yes, but we're not going to see any movement until the other chart starts showing gains. By the other one I mean the green one showing properties on the market.

You mean like this?

rmse21.jpg?t=1310899517

Share this post


Link to post
Share on other sites

Well the graphs in my area look a lot better from a HPC perspective 750 marketed properties in CT14 compared to 450 2 years ago, transactions are 50% off peak too but average prices are the same as 2 years ago :angry:

Properties sold

Properties marketed

I know right move is more popular than evert and there is only one small estate agent in this town which now does not use it.

Hey DiscoPants, you must live near me, I am in CT15.

Share this post


Link to post
Share on other sites

Hey DiscoPants, you must live near me, I am in CT15.

Small world ! you have the same stats roughly for CT15 transactions well down (less than 50% of peak) but prices largely unchanged although with so few sales the average price swings a great deal in CT15.

Share this post


Link to post
Share on other sites

We were lucky, we sold our slave box earlier this year. We bought 2006 on a NR mortgage.

We are now renting a lovely chalet bungalow in Martin, glad to get out of Dover town center.

(the one with the read van outside)

http://www.zoopla.co.uk/property/20-de-burgh-hill/dover/ct17-0bs/5509186

The stress release of getting out of our negative equity northern rock mortgage :rolleyes: Debt free and in a much nicer house for a little extra each month.

Share this post


Link to post
Share on other sites

Well the graphs in my area look a lot better from a HPC perspective 750 marketed properties in CT14 compared to 450 2 years ago, transactions are 50% off peak too but average prices are the same as 2 years ago :angry:

Properties sold

Properties marketed

I know right move is more popular than evert and there is only one small estate agent in this town which now does not use it.

me also in-fact you could almost believe price where rising if you looked at the for sale prices in Southern Norwich.

It quite amazing i find a house then feel happy and then find out the house next door sold for 30% less 4 months ago and then in my head I cannot do it and even when i do offer 10% more than the last house sold its get rejected out of hand.

If its priced correctly it sells around here in 2 seconds (no jobs around though) but not much priced correctly.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 312 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.