theRatandMouse - London's property blog

Mon

Jan

Market report - Hometrack

It's based on a survey of estate agents, and it shows a 1% fall in January, leaving the index 9.4% down on the year, and 10.2% of its August 2007 peak. Those figures appear overly mild to me. It now takes an average of 12.3 weeks to shift a property, and most properties can expect to achieve 88.3% of asking price.

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Comments

is there somewhere that's like an aggregator of these reports works out some kind of average...

Would be an interesting read.

http://www.a-quick-sale.co.uk

Posted by kelvin newman at January 26, 2009 1:24 PM

Comments

I think that people need to remain positive about the property market, there are lots of positives to take forward that the property market and lending is up and that the interest rates are at an all time low so anyone that is looking to take out a mortgage should get great rates for their investment.