Sunday, April 15, 2007
A quick snapshot of news for the week just gone
Overall the past week was relatively quiet for property related news, presumably due to the first Bank Holiday weekend of 2007 which traditionally spells activity for estate agents. Or does it? The Firstrung team suggest it's an urban myth. Looking at the available house sales statistics (from Land Registry) sales are fairly even for nine-ten months of the year and have been for a number of years. The main news story of the week was undoubtedly key worker/first time buyer affordability, which 'dovetailed' with plenty of comment from the national media including the BBC which dedicated a proportion of the 24 hour rolling news service to 'dipping in and out' of the subject of first time buyers and house price inflation.