Friday, October 1, 2010
Summary of the market in August
The Month in Numbers - August
Summary of the main market numbers for last month with helpful reminder of the peak figures from housing expert Henry Pryor who was making sense on BBC Breakfast tv yesterday.
Posted by charles lister @ 09:06 AM (909 views)
4 thoughts on “Summary of the market in August”
Add a comment
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
dill says:
Good summary.
One interesting statistic. Pryor states that 30% of realised sales (85,000) are cash. Given that mortgage approvals (BoE) are running at circa 47,000 and the average number of monthly transactions (LR) are 53,000, the remainder must be auction sales or foreign purchase.
I’m trying to get a handle on monthly cash purchase volumes – so would welcome any illumination from other posters.
Henry Pryor says:
A couple of things;-
1. The proportion of ‘Cash’ buyers comes from the CML in a report (since update) called The Changing Nature of Property Sales.
2. Don’t confuse Land Reg sale volumes with UK numbers. I used HMRC numbers which are for the whole country.
Hope this helps.
techieman says:
hi
do you have a you tube link or similar or location witthin bbc iplayer (i.e. time to start) of your performance? Would be interesting to see what you said.
dill says:
@2 HP
Many thanks.