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geranium

Rics February Report

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Apologies if this has already been posted (I've been on hols) but I couldn't find it on the site.

The latest RICS report reads pretty bearishly in my opinion.

I was particularly surprised at the lacklustre market in London - it's not what I'm seeing around me, but it's comforting.

Other regions are showing decided weakness.

The local comments at the end of the report are also interesting. Even though these VIs do their best to spin positively, there is more than a hint of realism there.

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Apologies if this has already been posted (I've been on hols) but I couldn't find it on the site.

The latest RICS report reads pretty bearishly in my opinion.

I was particularly surprised at the lacklustre market in London - it's not what I'm seeing around me, but it's comforting.

Other regions are showing decided weakness.

The local comments at the end of the report are also interesting. Even though these VIs do their best to spin positively, there is more than a hint of realism there.

That's Feb 05, sadly.

Funny though, they're not (edit) producing their housing market reports very regularly. Not veyr professional, is it?

Edited by RichM

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Doh! Sorry everyone. Cookies taking me to an old report.

December 05 is the last report I can find on the site. They used to be more up to date than this.

How disappointing though :(

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Doh! Sorry everyone. Cookies taking me to an old report.

December 05 is the last report I can find on the site. They used to be more up to date than this.

How disappointing though :(

The unofficial 2006 RICs report is pretty bearish though:

http://www.in2perspective.com/nr/2006/03/-...xaggerated-.jsp

'House price rises are exaggerated'

By Laurie Osborne, Editor

Published 15th Mar 2006, (a Wednesday) at 09:15AM

Doubt has been cast on recent figures suggesting that house prices are rising again as the property market strengthens.
In the last few weeks Rightmove, Halifax, Hometrack, and the FT have all reported hefty rises in house prices in February - with the only sour note coming from Nationwide, which recorded a small loss on the back of a large rise in house prices in January.
But National Homebuyers released data from
independent chartered surveyors
on Tuesday that suggested the market is actually far weaker than these house price figures imply.

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Doh! Sorry everyone. Cookies taking me to an old report.

December 05 is the last report I can find on the site. They used to be more up to date than this.

How disappointing though :(

FWIW Its out tomorrow

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  • 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%



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