House prices up? But asking prices are falling!

p1212

Filo25 wrote: »

Was chatting to a good local EA last week about the Brexit impact around here (Zone 4 London).

She was saying it really hadn't impacted them greatly at all, a few transactions they had people wanting reductions, usually where they were in a chain and selling elsewhere in London in areas of the market with more BTL/Investor activity (its heavily Owner Occupied round here), and they were getting pressure on the price on their sale.

Generally though very little impact for them and they basically have nothing left on the market to sell at present, what they had listed is basically all SSTC or Sold now.

Obviously only one tiny area of London though.

Of course, of course, that's why asking prices + transaction numbers falling and supply increases...

Filo25

Crashy_Time wrote: »

Brexit saga has not even started yet, lots of drama yet to come, and the political currents are shifting in the EZ/US, should be fun to watch.

I fully agree, but I'm surprised that the mere act of voting Brexit didn't have a stronger impact on confidence and sentiment than it has around my neck of the woods anyway.

chucknorris

p1212 wrote: »

Of course, of course, that's why asking prices + transaction numbers falling and supply increases...

My wife put one of her properties on the market last Tuesday, she has just accepted an offer for the full asking price.

p1212

chucknorris wrote: »

My wife put one of her properties on the market last Tuesday, she has just accepted an offer for the full asking price.

Yes, there are houses selling every day and what? How can you be an uni lecturer when you think one single sale affects the trend?

Just watch the linked data, are you able to understand it with your phd?

chucknorris

p1212 wrote: »

Yes, there are houses selling every day and what?

How can an uni lecturer be that ... Just watch the linked data.

Sorry I should have realised that you would not understand, so I will spell it out for you, you said asking prices were falling. That is why I pointed out that we got the asking price offered within a week of it going on the market.

p1212

chucknorris wrote: »

Sorry I should have realised that you would not understand, so I will spell it out for you, you said asking prices were falling. That is why I pointed out that we got the asking price offered within a week of it going on the market.

lol you are clearly not able to understand the linked data. Hopefully you don't teach too many people...

chucknorris

p1212 wrote: »

lol you are clearly not able to understand the linked data. Hopefully you don't teach too many people...

My lectures are delivered to between about 30 to 150 students depending on the module. What do you do for a living.

I have not read the linked data, Sorry but I was not interested enough.

System

I preferred the mrlegend account.

p1212

chucknorris wrote: »

What do you do for a living.

I have not read the linked data, Sorry but I was not interested enough.

Don't read too much it might hurt.

I am living on benefits ofc as all moaners.

chucknorris

p1212 wrote: »

Don't read too much it might hurt.

I am living on benefits ofc as all moaners.

I read what I find interesting, pain has got nothing to do with it.