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Home buyer interest declining

Graham_Devon
Posts: 58,560 Forumite


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.
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Comments
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define 'declining'0
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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.0 -
Declining to a figure lower than it was previously.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 enquiriesWhy not.
I love rewired.0 -
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.com0 -
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.0 -
Graham_Devon wrote: »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...0 -
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?0 -
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.com0 -
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