Friday, December 28, 2007

News handily burried on Xmas Eve

House sales signal property market slowdown

Selling a house is taking longer than at any time in the last six years, adding to the growing evidence of a housing slowdown, according to a survey of estate agents to be published on Monday. House prices fell by 0.3 per cent in December from November – the third consecutive monthly drop – according to Hometrack, while the average time to sell was 8.3 weeks, the longest since the survey began in 2001. EDITOR’S CHOICE Forecast of stable house prices next year - Dec-20Novice buy-to-let investors squeezed as market cools - Dec-14Lex: UK housing - Dec-13UK housing market slows still further - Dec-13House price inflation falls - Dec-07Interactive house price map - Dec-07

Posted by doomwatch @ 10:42 AM (733 views)
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