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gruffydd

Return To A Buyers Market Article

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Richard Donnell, director of research at Hometrack, the property information company, said: “This latest rate rise is likely to reinforce the weakening in demand for housing, which in turn will feed through into slower house price inflation over the second half of the year. With evidence of increasing amounts of new supply coming to the market, sales volumes are set to decline and we could well see the return of a buyers’ market over the next six months.”

It's always "slower hose price inflation", not the truth which is ... (wait for it).... FALLS.

That's what happens in a buyers market.

Mind, my old boss used to think it was a sellers market if lots of people were selling. I don't work for him anymore.

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