Tuesday, April 26, 2011

Austerity headlines are having some effect

More than 40% expect house price falls

The crash in property market confidence has been revealed by a new report, showing more than 40% of people expect house prices to fall. The latest Property Confidence barometer report from listing website Findaproperty.com has laid bare the nervy nature of the housing market. Just 11% of the 1,000 people surveyed on a monthly basis believe house prices will rise in the months ahead, while 42% believe prices will fall. This represents a reversal of fortune since the General Election – last May 16% of people thought prices will fall and 36% thought they would increase.

Posted by quiet guy @ 01:11 PM (1662 views)
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3 thoughts on “Austerity headlines are having some effect

  • And priced up against commodities such as Gold & Oil prices have already tanked over the last ten years.

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  • Just another 60% to go.

    The last bull, please turn the lights out when you leave.

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  • 1. mrmickey,

    As I keep saying, the property crash is in your own hands.

    Don’t bank on someone else doing it for you, but if they do, hey, it’s double bubble for your trouble!

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