Saturday, November 24, 2007

Just how reliable are house price statistics if this is happening?

Buyers can benefit from a flagging market

The title is pretty obvious but the implications for house price statistics are intriguing."The deal saved her just over £2,000, but North was also able to negotiate a private parking space that would normally have cost her £8,000.""At the Embankment development in Gravesend, Kent, the developer is offering a mortgage subsidy of £1,000 a month for two years on a £205,000 two-bedroom flat and £750 a month on a £172,5000 one-bed."I wonder how often this happens now? If it's a common thing, then the house price statistics we're being fed are false.

Posted by quiet guy @ 03:22 PM (512 views)
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