Buying and Selling Market Update Jan 09

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Commentary for January 2009
Despite the Housing Minister, Margaret Beckett, being heavily chastised for saying there are 'green shoots' in the property market, she's actually right and there have been since October 2008. Yes 'average property prices' are still falling - according to statistics, but the auction market started to pick up in October with seasoned property investors piling back into the market as 'bargains' appeared. READ MORE

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Headline Statistics

Headline Statistics

_ Statistics

+/-

Source

Month

Average Prices

£158,442 to £223,000

 

Various

November

Transactions*

48,500* 

-

Land Registry

June to Sept Average

Time to Sell

12 Weeks

+

Hometrack

December/January

Offer to Market Price

89%

-

Hometrack

December

Number buyers registered**

 200**

+

NAEA

December


*  Per month
**Per agent

Links to useful Buying and Selling Reports

Price Indices
There are at least seven property indices and other companies that comment on the property market, please checkout the links below:-

Rightmove    Halifax    Nationwide   RICS 
Communities    Financial Times    Land Registry

Other useful resources
Hometrack    NAEA    RICS    Savills    Knight Frank

For more market commentary on a national or local level:-
Contact Kate Faulkner on 07974 750562 or 0845 838 1763. To read more about Kate, please visit ABOUT US, see Kate on video and for media appearances, contact:

Sylvia Tidy-Harris
STH Management                    
Tel  +44 (0) 1530 263221
Mob  +44 (0) 7970 646872
Fax: +44 (0) 1530 264018

 

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NALS Conference Chair 2016

Kate's Consumer Portal

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