Saturday, Nov 11, 2006

New homes have further to fall

Firstrung: New home prices down 6.2% year on year as buyers apparently 'head North' - smartnewhomes.com

Escalating house prices are pushing new home buyers out of the south and into the north says SmartNewHomes.com, the UK's leading new homes website. The average price of a new home in London was recorded as 427,875 in October, having grown 14% since the previous year. This positive growth in house prices has been echoed by both the south east and south west where some of the most expensive new homes in the UK can be found, with average prices of 313,841 and 247,496 respectively.


Posted by converted lurker @ 07:34 PM (394 views)
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2 Comments

1. Paul said...

The following claim:

"October has proved a positive month for new home buyers in general as record numbers search the SmartNewHomes.com site for a new home."

While obviously being very lame, is actually completely false:

http://www.alexa.com/data/details/traffic_details?site0=smartnewhomes.com&site1=&site2=&site3=&site4=&y=r&z=1&h=300&w=500&range=1y&size=Medium&url=smartnewhomes.com

Sunday, November 12, 2006 01:05AM Report Comment
 

2. Dohousescrashinthewoods said...

Yes, the only way that claim could be true is if it's non-Microsoft users who have been using the site in record numbers.

(apparently Alexa can only track your movements if you use Microsoft Internet Explorer)

Monday, November 13, 2006 10:41AM Report Comment
 

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