Hometrack down 0.1%

ruggedtoast

Apparently. I really can't be bothered to try and find the link.

Timber etc.

Generali

ruggedtoast wrote: »

Apparently. I really can't be bothered to try and find the link.

Timber etc.

I can

http://www.hometrack.co.uk/commentary-and-analysis/house-price-survey/20110725.cfm

Results at a glance

• Despite weak consumer sentiment the housing market is currently in broad equilibrium although prices continue to slowly edge lower.
• Headline prices fell by -0.1% in July.
• The balance between supply and demand has improved significantly over the last 6 months largely as a result of steady growth in demand since the beginning of the year.
• An improved supply/demand balance together with a rising number of sales agreed – up 20% in the last 2 months – indicate that current pricing levels are broadly sustainable.
• The proportion of the asking price achieved has remained at around 92.7% for the last 6 months with sellers accepting, on average, a 7% reduction in the asking price to achieved price.
• Improving sales volumes have reduced the average time on the market to 9.4 weeks in July down from 9.7 weeks in June.
• There are wide variations to the headline trend in prices. Average prices were up by 0.3% in London and East Anglia in July but fell across all other regions. Prices were down by as much as -0.6% in the South West.
• Across the whole country prices moved higher across 8% of postcodes – primarily in London.
• Prices were lower across 27% of postcodes with two fifths of the falling areas located in the South East and South West. Here prices fell from a high base in the face of slowing demand and above average growth in supply.

They don't seem to provide a year on year figure.

Batchy

SummaryMay-11June-11July-11
Monthly price change (%) -0.1-0.1-0.1%

1. change in new buyers registering with agents -0.5 1.9 1.1%
2. change in volume of property listings 3.0 3.5 1.9%
3. change in sales agreed 1.6 10.7 9.6
4. Average time on the market (weeks) 9.7 9.7 9.4
5. % of the asking price being achieved 92.7 92.8 92.7
6. % postcode districts with price increase over month 5.6 8.7 8.0
7. % postcode districts with price decrease over month 28.0 28.0 27.0

• Basically everything points to a swing to positivity in the housing market apart from monthly price change!
• More buyers
• Fewer listings (restricting supply increases)
• More sales agreed
• lower average time on market
• % of price achieved actually lower (down trend)
• Lower % of postcodes with increases.
• Lower % of postcodes with decreases.

Stagnation anyone??

ruggedtoast

Some small slow falls. Wonder what nationwide will be this month.