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Guest wrongmove

Hometrack Out

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Guest wrongmove

Got this news from Bob342 on TMF

Hometrack press release

Price stagnation continues unabated but transactions transcend to new highs

House prices drop 0.1%, despite activity jumping 8%

The October survey of the London housing market reports a further fall of -0.1%. House prices now stand at £260,700, down from £274,200 in July 2004, and down by more than 4% over the past 12 months.

There has, however, been a huge surge in transactions in the London market this month, with activity increasing by 8% (+18.2% over the past 3 months). This can be directly attributed to an increase of 4.4% in the number of buyers registered. Meanwhile, the number of properties listed has increased by 1.2% this month. While the gap between supply and demand is clearly down, supply still exceeds demand.....

Edited to add:

Sorry, old news

http://www.housepricecrash.co.uk/forum/ind...showtopic=18464

I missed that thread.... :huh:

Edited by wrongmove

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Got this news from Bob342 on TMF

Hometrack press release

Price stagnation continues unabated but transactions transcend to new highs

House prices drop 0.1%, despite activity jumping 8%

The October survey of the London housing market reports a further fall of -0.1%. House prices now stand at £260,700, down from £274,200 in July 2004, and down by more than 4% over the past 12 months.

There has, however, been a huge surge in transactions in the London market this month, with activity increasing by 8% (+18.2% over the past 3 months). This can be directly attributed to an increase of 4.4% in the number of buyers registered. Meanwhile, the number of properties listed has increased by 1.2% this month. While the gap between supply and demand is clearly down, supply still exceeds demand.....

Edited to add:

Sorry, old news

http://www.housepricecrash.co.uk/forum/ind...showtopic=18464

I missed that thread.... :huh:

Hey, that's OK - good to remind folk that London is still leading the way! :D

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  • 302 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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