No traditional spring 'bounce' this year

carolt

http://news.bbc.co.uk/1/hi/business/10152731.stm

Graham_Devon

I'm bagsying the world cup excuse if houses fall over the coming months

purch

No traditional spring 'bounce' this year

You havn't seen my next door neighbour recently :eek:

Really2

Not sure that article is good news for potential buyers though.

Surveyors said, during the three months to April, 30% more of its members reported seeing rising rents than those who saw falls.

This was a gloomier picture for tenants than the previous quarter.

"With sellers back in the housing market, supply has fallen back in the letting sector," said Rics spokesman Jeremy Leaf.

"This is good news for landlords as rents are set to move higher in the coming months and yield returns are likely to improve.

It will be interesting to see what may transactions are as my AE family member has seen quiet an upturn in sales this month. But obviously it could be a local anomaly, but emy said they had seen the same in their local.

Really2

Graham_Devon wrote: »

I'm bagsying the world cup excuse if houses fall over the coming months

If they increase I am bagsying.

1. Volumes are to low
2. It is due to how they do their SA
3. It's a lie
4. Bull !!!!!!
5. England are doing well (world cup also)
6. England are doing bad (world cup also)
7. The weather
8. They will go down next month, year, century 100% Guaranteed.
9. "It's all down to artificial stimulus and is unsustainable".

nembot

Rents have dropped consistantly over the last 12 months in my local area, with only a few remaining steady - these haven't been let, for obvious reasons.

RICS need to improve their data collection methods, or possibly renting in Wales is irrelevant to them.

Rinoa

carolt wrote: »

http://news.bbc.co.uk/1/hi/business/10152731.stm

Or:

April BBA approvals were the highest of any month in 2010. :j

Graham_Devon

Rinoa wrote: »

Or:

April BBA approvals were the highest of any month in 2010. :j

Or:

Net mortgage lending by the major banks fell to £1.8bn in April, the BBA said. This was its lowest level since February 2001.

See what I did there?

Really2

nembot wrote: »

Rents have dropped consistantly over the last 12 months in my local area, with only a few remaining steady - these haven't been let, for obvious reasons.

RICS need to improve their data collection methods, or possibly renting in Wales is irrelevant to them.

Or that how they report it is not based on your town only?

nembot

I said Wales, not my town.

Pete111

Spot checks on asking/Sold scc prices in the area I have a flat (South west London) in tells me things have moved dramatically upwards since the last quarter of 2009....

Appreciate that's only one area but, having missed selling at the peak of 2007 I'm seriously looking at doing so within 12 months as prices appear to be pretty much back there again.