Wednesday, August 15, 2007

London next!

Ulster property prices in 8% fall

The Royal Institution of Chartered Surveyors (RICS) and Ulster Bank housing survey showed 7% of surveyors recorded house prices falling by as much as 8%. The latest findings confirmed fears expressed by local estate agents in the Belfast Telegraph last week, who claimed there has been a summer slump. They said house prices had dropped by up to 7% in July but at that stage it was just anecdotal.

Posted by cash_buyer @ 12:04 PM (466 views)
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4 thoughts on “London next!

  • Well before committing myself I would want to see several months of these stats.

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  • A summer slump?

    I thought summer was a busy time.

    Does that mean there will be a winter crash?

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  • London is an exception and will be the last to fall, but will still fall.

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  • Nah – it will be all the rain in June and July, or the warm winter we had last year – certainly not because house prices were overvalued.

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