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Foxtons Share Price And The Housing Market - Merged


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several people have already said that its due a bounce, i would assume there is a perceived 'value floor' somewhere.

This could be a few bullish investors trying their look at calling it. 

It has fallen very far, i'm pretty happy with that! as fun as it is to see it dribble down and down over the previous weeks. Not exactly a HPI win is it?

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8 minutes ago, jiltedjen said:

several people have already said that its due a bounce, i would assume there is a perceived 'value floor' somewhere.

This could be a few bullish investors trying their look at calling it. 

It has fallen very far, i'm pretty happy with that! as fun as it is to see it dribble down and down over the previous weeks. Not exactly a HPI win is it?

Seeing Estate Agent shares continue to fall and Home Builder shares now level off or start falling again already, despite May's HTB extension announcement, strongly suggests this is a one way bet and no props can keep it alive. We're cresting the HPI madness, finally. How steep is the slope on the other side?

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1 hour ago, Lambie said:

I'm not sure my heart is in this more.

It's like kicking a puppy that has fallen in a vat of hair gel while it's down.

Pull yourself together man. Cowboy up and carry on kicking, whilst laughing like a maniac. 

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21 minutes ago, Patient London FTB said:

Foxtons up 5% today to 69p, not clear why. 

i guess its because of the Halifax figures and more likely https://www.estateagenttoday.co.uk/breaking-news/2017/10/upbeat-survey-shows-big-surge-in-properties-coming-to-market

Estate agents need prices volumes more than rising prices. So i guess mainly the latter.

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5 minutes ago, Houdini said:

There is that report of increased supply which (obviously) will lead to increased prices...

Estate agents dont need increased prices they need increased transactions. Now increasing prices do lead to increasing transactions or actually the other way around. Especially those fixed fee jobbies. They really don't care about the price.

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