Tuesday, January 23, 2007

The Rightmove BULLS??? ?

House Prices To Rise Despite Rate Move

Here's confidence at its best!! House prices are purportedly to continue rising according to Rightmove, with it's prediction of a further increase in January. Whether an agency who derive there profits from estate agents who derive there profits from the sellers who derive there profits from inflated house prices can be nearly reliable is another question - but I think the constant whipping up of the housing market is now proving to be hard work even for the most optimistic heads of rightmove as there investors and shareholders react contrary to the article. Take a look at the shareprice tumble of RMV today!! Looks to me (an optimist WITH EXPERIENCE) that the bubbles ready to pop!!.

Posted by andy @ 01:28 PM (873 views)
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5 thoughts on “The Rightmove BULLS??? ?

  • Calm down dear!

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  • Turkies do not vote for Christmas. What else would you expect RM to say.

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  • Ooo look!

    A link (shareprice) in a post. How’dya do that then?

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  • tyrellcorporation says:

    That is very clever! It’s probably using a Trojan Worm or something…

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  • Not a share price tumble – only down 2.4% and that is just after the share price hit record highs so it could merely be profit taking.

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