New Homes Market Commentary March 2009

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Commentary from market experts! See Headline Statistics

David Bexon, Managing Director of SmartNewHomes comments:-

“The trend we are seeing in the new homes market reflects the erratic price fluctuations currently being recorded across the majority of the UK house price indices. While individual figures showing positive monthly growth do not amount to an upturn, the irregular patterns are indicative of a changing market, and we should take this as a positive sign that the rate of house price decline is at least diminishing."

“The price of apartments is likely to remain subdued as they are still in relatively high supply. However, the price of detached and semi-detached homes edged up slightly in March, indicating the differing outlook in the family homes market. In spite of the overall increase in new homes coming to the market, the number of detached homes added in March was down 30% - offering further indication of an imminent shortfall in availability of larger homes."



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
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Fax: +44 (0) 1530 264018

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