Tuesday, Dec 01, 2009

Double dip anyone?

BBC News: House prices continue to rise, says Nationwide

Bet they wouldn't have posted that graph 12 months ago

Posted by matt_the_hat @ 09:06 AM (1457 views)
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1. brickormortis said...

I can tell you without hesitation that in Shropshire, prices are falling, both asking and selling. Houses are also being put back on the market at significantly increased levels and many are also falling through. In fact, two in my area very recently. My freind's hosue has just fallen through for the second time. 5 months ago he thought he had sold it and now he is sitting with it still!

Of course, houseprices.co.uk barely show a sale all year as they are so behind so it will be interesting to see what they ahve been trading hands for when they do make it online.

Tuesday, December 1, 2009 09:14AM Report Comment

2. brickormortis said...

I love this line:

"This measure is generally seen as a truer picture of the market as it cuts out any short-term volatility. " Did anyone mention 3 month moving averages a year ago?

Or this one:

"The outlook for the housing market remains crucially dependent on labour market conditions, and here recent developments have been somewhat more encouraging than might have been expected,"

What recent developments?

Tuesday, December 1, 2009 09:16AM Report Comment

3. tyrellcorporation said...

'What recent developments?'

Probably a medium sized KFC opened up nearby and employed 5 spotty yoofs to deep fry stuff. Brown shoots, he scores!

Tuesday, December 1, 2009 09:21AM Report Comment

4. Tallgaze said...

From what I read London is driving quite a lot of the rise in prices, so places like Shropshire are probably still on a downer?

Tuesday, December 1, 2009 12:06PM Report Comment

5. This comment has been removed as it was found to be in breach of our Blog Policies.


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