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In charts: three signs that the tide has turned for the summer house price boom


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Yomdel Property Sentiment Tracker – Residential new enquiry slowdown deepens

Rapidly cooling market suggests levels heading down towards seasonal norms

13 OCTOBER 2020. The booming UK residential property market recorded another significant drop in new enquiries to estate agents in the past week, indicating that while activity overall remains well above average, the market is heading back towards levels normally seen in the quietening autumn months, the Yomdel Property Sentiment Tracker (YPST) showed.

https://info.yomdel.com/property-sentiment-tracker

1617172728_Yomdel20Property20Sentiment20Tracker20-20111020.thumb.png.3cb928bf56afb4661c36a7a70b6d6a4a.png

Edited by rantnrave
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LR stats are coming out for July. (Im assuming all the sales numbers are in. They should be by now)

Dire, at least for my local area.

https://www.home.co.uk/guides/house_prices_report.htm?location=scarborough&startmonth=07&startyear=2018&endmonth=07&endyear=2020

May/Jun - the 'flying off the shelves .. buy now!!!!!'

Bottom of the historical range, basically the market has collapsed.

July sales come back even lower.

 

Same trend in  Leeds and Boro

https://www.home.co.uk/guides/house_prices_report.htm?location=leeds&startmonth=07&startyear=2018&endmonth=07&endyear=2020

https://www.home.co.uk/guides/house_prices_report.htm?location=middlesbrough&startmonth=07&startyear=2018&endmonth=07&endyear=2020

 

 

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LR stats are coming out for July. (Im assuming all the sales numbers are in. They should be by now)

Dire, at least for my local area.

https://www.home.co.uk/guides/house_prices_report.htm?location=scarborough&startmonth=07&startyear=2018&endmonth=07&endyear=2020

May/Jun - the 'flying off the shelves .. buy now!!!!!'

Bottom of the historical range, basically the market has collapsed.

July sales come back even lower.

 

Same trend in  Leeds and Boro

https://www.home.co.uk/guides/house_prices_report.htm?location=leeds&startmonth=07&startyear=2018&endmonth=07&endyear=2020

https://www.home.co.uk/guides/house_prices_report.htm?location=middlesbrough&startmonth=07&startyear=2018&endmonth=07&endyear=2020

 

 

Erm.. think your timing is off.

May/June market was shut so hardly buy now time.

Opened late June? Want to say 22nd?

Means that completing in July assuming you started looking on 23rd June would be good going.... LR data for August and September will show the "boom", certainly not May/June.

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Erm.. think your timing is off.

May/June market was shut so hardly buy now time.

Opened late June? Want to say 22nd?

Means that completing in July assuming you started looking on 23rd June would be good going.... LR data for August and September will show the "boom", certainly not May/June.

Eas opened start of June.

EAs were not doing ahuge amount of business before Covid. They been kicking their heels from April->May.

 

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  • 433 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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