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
