Rat and Mouse
Mon
20
Sep
Market report - asking prices fall again

Rightmove measures asking prices, using its own large dataset. The five weeks to September 11 show a 1.1% fall, adding up to a three-month fall of 3.4%, and bringing the annual rate of inflation down from 4.3% in August to 2.6%. The recent increase in supply, however, also looks like easing, with 11% fewer properties coming onto the market, than in August. Unsold properties per office remain at a record high of 79.

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Comments

And yet sold prices still seem to be flatlined. In Cardiff the market is strong for correctly priced properties, the problem is the handful of rogue agents who overprice and give vendors false expectations.

http://www.cardiffhomes.co.uk

Posted by Richard at September 23, 2010 12:25 PM


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