Monday, October 6, 2008

House prices fall 50% in Merseyside in just one year

House prices fall 50% in Merseyside in just one year

Latest analysis of Land Registry sales for Merseyside and Cheshire appear diabolical!

Posted by poultryinmotion @ 10:45 AM (1092 views)
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18 thoughts on “House prices fall 50% in Merseyside in just one year

  • this really depends on what part of cheshire, as some parts seem to be holding out for high prices (stupid prices) more fool them as they will lose more than 50% at the rate things are going…

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  • Stop The Ride says:

    Sales down by 39% not prices.

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  • I think the article says ‘sales’ are down 50% not prices – but prices are down by 11.4% since Sept.

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  • so prices will bottom out next year…lol DREAM ON….

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  • Bored Of This Site says:

    Uh… doesn’t it say “House sales fall 50% in Merseyside in just one year”. That’s “sales”, not “prices”.

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  • People seem to have forgotten the old adage. Location Location Location. Nowhere is this more important on the downward curve…. Even in last crash some areas never saw negative equity. Liverpool was not among them

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  • There are many stories of speculators buying up whatever was available without any knowledge of what they were buying. I’m sure the smart ones will be out by now.

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  • The article title and content is actually “House SALES fall 50% in Merseyside in just one year” not “House PRICES fall 50% in Merseyside in just one year”

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  • @ poultryinmotion

    The site says “House SALES fall 50% in Merseyside in just one year”, not PRICES. Was getting excited then!

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  • Poultryinmotion says:

    The newspaper has now corrected the title to state that sales are down 50%

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  • Shameful bit of posting . . . read the story!

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  • People, the articles says ‘SALES’ drop by 50%, not ‘PRICES’

    Two very different things

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  • Yeah poultryinmotion, prices won’t be down 50% til next week.

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  • Has anyone already mentioned that the story read ‘House sales down 50%!!!!’

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  • Dave The Dog said…”Shameful bit of posting” – it really is because this will give people a false sense of hope when in reality prices in some parts of Liverpool will fall by up to 90% (please read Japenese Uncle’s previous predictions)

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  • Paranoia Blue says:

    Typo today – reality tomorrow!!

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  • paranoia blue says:

    Typo today – reality tomorrow!!
    PS Sorry if 2X post – forgot to include 1st time my password

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