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

Countrywide Profits Down 20% Due To Slowing Market

Recommended Posts


Countrywide Prices Drop

The weaker housing market has hit earnings at property services firm Countrywide.
Pre-tax profits for 2005 dropped 20% to £31.7m.
Countrywide is the latest of a series of firms talking of a recovery in Britain's housing market, which has been in the doldrums since mid-2004.
Buyers at that time were deterred by high prices, a series of interest rate increases and repeated warnings that the market was overheated.

Good thing for them that buyers are no longer deterred by affordability issues, warnings of overheating and the prospect of worldwide IR hikes. Looks like HPI can continue then? :blink:

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.

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.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 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%

  • 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.