Monday, November 30, 2009

Here we go!

Three months of price falls expected as new sellers drop asking prices by £3,744 (-1.6%)

The onset of the winter market brings what we predict will be the first of three monthly falls before asking prices resume their recovery in February of next year. Average national asking prices fell by £3,744 this month as the traditional autumn buoyancy tailed off. The 1.6% decrease compares with falls of 2.9% in November last year and 0.7% in November 2007.

Posted by waitingtobuy @ 01:12 PM (1120 views)
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2 thoughts on “Here we go!

  • At least this reflects what I am actually seeing with my own eyes. Asking prices *have* been lowered and the properties still haven’t sold. One that recently was Sold STC is available again.

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  • Smaller cheaper properties selling in my area the nicer, larger ones seem to be looming around they just don’t drop the prices enough for me to put an offer in. How much long I can stand it for though is another thing. Can I just say I love this website, it’s the only thing that has kept me from getting neck high in debt.

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