Rat and Mouse
Thu
27
Jan
Market report - Hometrack

The seventh consecutive monthly fall - according to housing data trackers Hometrack - taking the value of the average property down 0.5% in January, and 2.2% down on the year. The survey takes into account data from more than 5,000 agents, and also measures demand, which they say is down a dramatic 26% over the last six months, and 9.5% in January alone. Dodgy economic data, the fear of unemployment, the effects of inflation, concerns about rising interest rates... they're putting people off property.

Technorati Tags: ,


Please feel free to comment on this entry







 


POSTCODES
THANKS TO
ENTRIES BY MONTH
ABOUT
UK PROPERTY RESOURCES
US / INTERNATIONAL PROPERTY BLOGS
LONDON BLOGS
CREDITS
Publisher Editor Technical and Design Hosting Software