Monday, January 22, 2007

Rightmove says house prices will continue to rise

Rate rise can't halt house prices

A study by the estate agent website Rightmove claims the average property asking price rose 0.5 per cent in the past month to £222,859. The figure is up 13.5% in the past year. Some estate agents claim to have effectively 'sold out' - leaving buyers resorting to unorthodox measures like gazumping.

Posted by little professor @ 10:19 AM (466 views)
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2 thoughts on “Rightmove says house prices will continue to rise

  • I know it’s VI claptrap but it’s not all lies and it is VERY good news for home owners and bad news for housepricecrashers who are piling all their money into ICE(taxallyoursave).

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  • No, it’s very good news for investors.

    Tell me if you have £200,000 to invest, you’d wouldn’t sooner have my money in cash the way things are looking.

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