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Archive for November, 2010

Tuesday, November 30, 2010 @ 12:11 PMadmin

Falling Demand Is  Putting Downward Pressure On Prices!


House prices fell for the fifth month in a row during November, including by 0.9% in Greater London, as demand from potential buyers dropped at its fastest pace for nearly two years, research has shown. Details

Monday, November 29, 2010 @ 12:11 PMadmin

Low Buyer Demand Meant House Prices Fall Again

According to Hometrack, house prices have taken a tumble again this month falling a further 0.8% following last month’s fall of 0.9%
This news comes coupled with information stating that the number of new home buyers had also fallen by 4.3%, the largest drop since January 2009. Details

Friday, November 26, 2010 @ 09:11 AMadmin

House sales down, mortgage lending at worst levels in a decade, inflation down 1.2%

HM Revenue and Customs have released figures which show that the housing market is continuing to slow.  They have reported that only 79,000 homes (worth more than £40K) sold during October this year. Details

Thursday, November 25, 2010 @ 11:11 AMadmin

Nationwide expects a weak market in 2011

Nationwide have said that because of the government’s spending cuts, the housing market wont see much action in 2011, keeping prices down and activity low. Details

Wednesday, November 24, 2010 @ 03:11 PMadmin

New Downturn For UK Property Sales As Well As Property Prices

Property sales in the UK were down 11% in October from the previous year says HM Revenue & Customs giving fresh evidence of the industry’s downturn. We buy any house so can help if you need a quick sale. Details