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crash 2005

Haart Price Reductions - A Trend Appearing,

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http://www.haart.co.uk/properties/pricereduced.asp

so far this year, the trend has been as follows:

rate rise and credit crunch fears are taking their toll

Jan22nd - 425

Jan26th - 586

Jan30th - 645

Feb1st - 697

Feb15th - 793

Mar01st - 870

Mar07th - 909

May02nd - 1029

May10th - 1102

June7th - 1247

Sep 28th - 1731

I think you'll all agree the trend here is showing an increase in asking prices being slashed, especially if you consider that there is a throughput of those being sold and removed as time goes on.

P.s. also noticed that propertysnake website numbers are increasing in line also..

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Do you know how many houses they currently have on their books? If they have 4 times as many as January then there is no difference.

Running at a nice 11% of stock now - has been 6-8% for some time now (including Aug 06 and Oct 06 - no data for Sep 06) which brings it in line with the September 2005 level of 11-12%.

For those who've not read it - this site features in the Classics section - about 28 pages so pour yourself a good drink if you are going to read it all :lol:

Oh and short answer to question is 15,745

Edited by bucks hopeful

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