Monday, December 19, 2011

“2012 forecast: a fragmented and uncertain market”

House Price Index December 2011 (pdf)

Average Property Asking Price £225,766 % Change in Month -2.7% % Change in Past Year +1.5% Monthly Index (Jan 2002=100) 183.7

Posted by dill @ 08:57 AM (2251 views)
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6 thoughts on ““2012 forecast: a fragmented and uncertain market”

  • mark wadsworth says:

    The YOY is a load of rubbish but the MOM looks very reliable indeed.

    Let’s have more of this sort of thing, Mr Rightmove!

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  • Right move know it is in there favour to get volume back in the market by getting sellers to cut prices.

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  • Average Property Asking Price £225,766 (just shy of quarter of a million quid) – I presume this is on Fantasy Island rather than the British Isles?

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  • “Ask, and Ye Shall Receive”

    But only if you take on average 10% off.

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  • @mark wadsworth – “The YOY is a load of rubbish”

    Even if you deduct inflation?

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  • “National asking prices forecast to rise by circa 2% in 2012” – I have no doubt that all vendors will add 5% to the asking price tomorrow in a pre-emptive measure to reflect the inevitable rise in property value 12 month in advance.

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