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MSE News: Halifax: house price growth decelerates
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it's a bit more than that though - if you look at the demand and supply of good quality homes (i'm not talking condition here), that's where there's a shortage currently.It would if there actually was a supply and demand problem, however the only people saying this are the ones with something to gain.
1,000,000 empty houses and 600,000 for sale on Rightmove does not equate to a shortage in any sense of the word.
Unless we have 600,000 transactions a month, which we don't...
if these prices increase it pulls up the price of other property
if lots of good quality of property was on the market it would soften prices.0
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