House Price Market Update for February 2010

publication date: Mar 12, 2010
author/source: Kate Faulkner, Property Expert and Author of Which? Property Books

House Price Market Update for February 2010

Well the doom mungerers are out in force this month! January's data suggested the market was 'wobbling' while February data suggests it's on the slide. The double dip everyone is questioning certainly looks that bit more likely - but that's only if you take the property price reports as a measure of what's happening in the market.

The truth is that the market reports are all basing their figures versus Feb 2009 which was when we had a real uplift in the market for the first time since 2007. So effectively we are comparing an 'average' month for Feb 2010 versus an above month of activity in Feb 2009, so of course it suggests that things are moving 'downward' when in fact it's just a comparison of a good month versus a 'not so good month'.

This will continue to happen in 2010 and if you are buying or selling, please don't worry about these reports just READ MORE as we will explain and help you to work out what's happening in YOUR area for YOUR personal circumstances. We aren't estate agents or financial advisors, so we can give you a truely independent views.


If you are you thinking of buying or selling in 2010, then follow our top tips What to do if you are a Buyer in 2010 and What to do if you are a Seller in 2010!

Are you a First Tme Buyer? Then purchase one of our comprehensive First Time Buyers' Packs (inc Which? Buy, Sell Move House Book) to help you get a foot hold on the property ladder.

If you need an answer to a property question or problem, then contact us via email or tel 0845 838 1763 for an independent answer.


Need help with a property problem? Have a question? Why not call Designs on Property on 07585 897128 or Contact Us via email.
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