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geranium

Hometrack Report

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Hometrack say they are rebuilding their website and the full report should be on the website soon.

I have the full report in pdf format. It confirms the Rightmove picture of strength in London and weakness in most other areas.

It is not a weblink so I can't post it here myself.

If anyone wants to post it on the site for me, let me know, and I'll send it to you.

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London was weak in 2003, the rest of the UK was not.

London was weak in 2005, the rest of the UK is only just catching up.

The two markets can easily be moving in different directions at the same time.

City employment is rising strongly and has been for a couple of years. Not the case for the UK as a whole more recently.

It's not in my interests that the London market is strong - I STR'd in 2004 and buying now would involve a horrific amount of debt. Renting is cheaper than buying in London unless you're a higher rate tax payer with a huge deposit looking for a family house - and even then it's a close call.

But FTBs in Coventry will find the Hometrack report really quite comforting.

SO: Can anyone help me post it on the site???

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Guest Fiddlesticks

SO: Can anyone help me post it on the site???

Nevr done it myself, but don't you just select the "browse" button when you reply (a bit beneath the text you're typing in), navigate to wherever you have the file stored on your hard disk, and then click on "Add this attachment"?

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Guest consa

Back to the old scenario of falling volume distorting the figures with high end priced properties selling, it will be interesting to keep an eye on the FTB numbers, I suspect they are dropping, we need an increase in FTB's to lower the price averages, if we don't get that we will see a dead market - never seen before, can someone else confirm the sales volumes are dropping drastically or is it just me 110103_pick_prv1.gif

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This all assumes of course that the property market in Croydon and Dagenham operates in the same way as the market in Chelsea or Canary Wharf.

London is a city of 8 million people and contains over 2m properties - there is no such thing as a 'London' property market. Nor are there 'London' trends.

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  • 301 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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