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Realistbear

Countrywide Profits Down 20% Due To Slowing Market

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http://www.ananova.com/business/story/sm_1761538.html?menu=

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:

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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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