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Home buyer interest declining

There is no sign yet of the UK property market pulling out of the doldrums, says the Royal Institution of Chartered Surveyors (Rics).

Its latest monthly survey for March shows sales and prices were generally flat, while interest from would-be buyers was declining.

The survey results chime with those of other recent property surveys.
However, Rics said there were big regional differences, with London very different to the rest of the UK.

"The rather negative outlook for property prices across the UK seems to better reflect the general economy than the micro climate of London," said Rics housing spokesperson, Ian Perry.

"The low level of buyer interest in many parts of the UK continues to impact on the market, resulting in some downward pressure on prices.

"With the prospect of forthcoming interest rate rises and continued shortage of mortgage funding, it seems that overall recovery for the national housing market is still some way off," he added.

http://www.bbc.co.uk/news/business-13037917

Didn't realise buyer interest was declining. But confidence overall certainly seems to be.
«1345678

Comments

  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    define 'declining'
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    define 'declining'
    decliningpresent participle of de·cline (Verb)
    1. Become smaller, fewer, or less; decrease: "the birth rate continued to decline".
    2. Diminish in strength or quality; deteriorate.

    www.google.co.uk

    Hope that helps.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 12 April 2011 at 10:30AM
    AnonV wrote: »
    Declining to a figure lower than it was previously.
    here's part of the answer
    Nationally, the market was fairly flat in March, although the average number of sales per estate agency branch fell to a 21-month low of 14.4.
    Demand for property experienced a slight downturn last month, with six per cent more surveyors reporting a fall rather than a rise in new buyer enquiries
    AnonV wrote: »
    Why not.

    I love rewired.
    it's predictable behaviour from the usual suspects... i'm not surprised.
  • System
    System Posts: 178,374 Community Admin
    10,000 Posts Photogenic Name Dropper
    AnonV wrote: »
    I love rewired.

    You could just post on your main account, would save the board guides all the hassle of banning your sockpuppet army.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • AnonV
    AnonV Posts: 23 Forumite
    Joeskeppi wrote: »
    You could just post on your main account, would save the board guides all the hassle of banning your sockpuppet army.

    There's no sockpuppet army my muppety friend.

    There are of course those who do not want us to speak. I suspect even now, orders are being emailed, and men with guns will soon be on their way. Why? Because while the truncheon may be used in lieu of conversation, words will always retain their power. Words offer the means to meaning, and for those who will listen, the enunciation of truth.
  • drc
    drc Posts: 2,057 Forumite
    http://www.bbc.co.uk/news/business-13037917

    "The rather negative outlook for property prices across the UK seems to better reflect the general economy than the micro climate of London," said Rics housing spokesperson, Ian Perry.

    Even London is dead (unless you count the billionaires buying stuff in Belgravia...
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    AnonV wrote: »
    There's no sockpuppet army my muppety friend.

    There are of course those who do not want us to speak. I suspect even now, orders are being emailed, and men with guns will soon be on their way. Why? Because while the truncheon may be used in lieu of conversation, words will always retain their power. Words offer the means to meaning, and for those who will listen, the enunciation of truth.

    Was I on holiday when nearlynew had his meltdown? Was there a precise post when it happened? Can someone point me in the direction of it?
  • System
    System Posts: 178,374 Community Admin
    10,000 Posts Photogenic Name Dropper
    Cleaver wrote: »
    Was I on holiday when nearlynew had his meltdown? Was there a precise post when it happened? Can someone point me in the direction of it?

    Not that I've seen, he just woke up one day deciding to have even more accounts. It seems rewired and the goul collection wasn't sufficient.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • AnonV
    AnonV Posts: 23 Forumite
    edited 12 April 2011 at 11:23AM
    Cleaver wrote: »
    Was I on holiday when nearlynew had his meltdown? Was there a precise post when it happened? Can someone point me in the direction of it?

    Cleaver, me metrosexual friend. You do know that a metrosexual is a gay person who can't get laid?
  • AnonV
    AnonV Posts: 23 Forumite
    Joeskeppi wrote: »
    Not that I've seen, he just woke up one day deciding to have even more accounts. It seems rewired and the goul collection wasn't sufficient.

    I hope you can prove these allegations, my muppety friend. :rotfl:

    This board's quiet. I'm going to spread my wings.

    I love rewired :j
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