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House Prices


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HOLA441

UK public interest in house prices manifested through Google searches surpassed that in car prices in early 2005 and shows no intention to give in. Seems like, slowly, more and more people feel an urge to type “house prices” and feed it to the Google search engine. See the googletrends graph below:

http://www.google.co.uk/trends?q=%28house+...GB&date=all

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HOLA442
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HOLA443

Seems that many no longer trust the hype and want to look a little deeper. With the government creating an ever widening credibility gap it is little wonder that people are seeking re-assurance elsewhere.

Hope that check out the HPC sites. :)

Could be there checking how much "profit" they've made by checking how much their nieighbours simialr house has sold for

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HOLA445

Contrarily, I've noticed that Sky's lifestyle channels seem to have stopped their multi-channel, all-day, Property Ladder, Location, Location, Location, Selling Houses, House Doctor, etc. binge. Sometimes it's hard to find even one on. You used to have a choice of about ten.

Media coverage and internet search activity generated by the public do not always represent the same thing though. While one feeds on information assymetry, the other reflects and reduces this assymetry.

Edited by LazyDay
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