Is it finally happening?

[electrogear]

According to Halifax house prices fell 3.9% in the Y&H region.

http://www.ibtimes.co.uk/uk-house-prices-see-first-quarterly-fall-four-years-brexit-cools-market-1585939

Looking at Zoopla, the prices in Cottingham & Beverley (where we're looking to buy) have fallen by 1.17% and 3.2% in 6 months respectively.

[Si1]

Hopefully

[Cosmic Apple]

Not seeing it yet in HX postcodes but volumes are not just on their knees as they have been for the last decade but are now flat out on the floor.

[electrogear]

On 17/10/2016 at 10:36 PM, Si1 said:

Hopefully

I'm hoping for a decent price correction in Beverley. We're after a 3/4 bed house with a decent sized garden (we're talking big enough to have an allotment, workshop and room for the kids to play) within walking distance to the centre but there is nothing in budget (350K).

[simon49]

York area is selling at the lower end, but anything decent over £500,000 is static, some have been on the market over a year now, but still with a sky high price in some sort of act of defiance against the inevitable.

[electrogear]

1 hour ago, simon49 said:

York area is selling at the lower end, but anything decent over £500,000 is static, some have been on the market over a year now, but still with a sky high price in some sort of act of defiance against the inevitable.

We found a bargain property a couple weeks back that was too good to miss. Offered asking price but was gazumped by a cash buyer :-( Everything else on the market is rubbish and there's no value for money, so none of it is selling. There's a couple of do-er uppers with a lot of potential, but both priced about 25K above what they'd be worth after they're renovated, so just sat watching those in the hope that the vendors might get a reality check. Extremely stagnant market.

[ThePiltdownMan]

http://www.zoopla.co.uk/for-sale/details/42632896

This one should be interesting