theRatandMouse - London's property blog

Tue

Dec

Market report - Land Registry's November figures

Accurate-ish, because based on completions. Lagging reality, because they represent deals often done six or eight weeks earlier. Whatever, the Land Registry November report is showing an annual decline in prices of 12.2%, which is about what most people were expecting. It's the 15th consecutive monthly drop. More here.

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Need to get your annual predictions roundup ready, buddy. The URL linked in my name [Ben... below] gives a good summary

http://www.ft.com/cms/s/0/1d678370-d613-11dd-a9cc-000077b07658.html

Posted by Daffyd at December 30, 2008 6:26 PM

Comments

Land deals are dropping every where, Dubai one of the fastest growing real estate markets in the world has seen a sharp decline. Economies are in recession and real estate is crumbling.