Jump to content
House Price Crash Forum
Sign in to follow this  
deano_54321

Supply Exceeding Demand Where I Live (wolverhampton)

Recommended Posts

Hello All,

Just some news you may be interested in......

Although it is said that house prices are still on the increase, there is firm evidence that in my area, supply if far exceeding demand in previous months.

With new build (overpriced) flats (labelled 'apartments' :lol: ) and many SOLD signs re-appearing as FOR SALE, it is evident that people just are not buying!

I have not got too many statistical details recorded, but I have been doing a simple regular search for properties in my area (WV4) on rightmove for about 8 or 9 months now, and the number of properties for sale has increased from 85 to over 160!! However not many of the prices have decreased (but some have! :P ) even though certain proporties have been on the market for over 6 months.

I wonder how long it will be before people get impatient and start to reduce prices? <_<

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.