Debate House Prices
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Rightmove figures for Monday - leaked

Zammo
Posts: 724 Forumite
http://www.guardian.co.uk/business/2008/apr/18/creditcrunch.housingmarket
0.9% down in London in the month of March.
Spring bounce cancelled.
:beer:
0.9% down in London in the month of March.
Spring bounce cancelled.
:beer:
0
Comments
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Worst performers April 2008
Richmond-upon-Thames £535,249 (-2.7%)
Ealing £413,138 (-2.4%)
Waltham Forest £297,555 (-2.3%)
Kensington and Chelsea £1,458,558 (-2.2%)
Brent £516,725 (-1.6%)0 -
And there was me thinking London was immune to a crash.
:rotfl:0 -
This is just the London figures. Annual rate of hpi is still +6.2%.
Miles Shipside, the commercial director of Rightmove, said: "It is highly unusual to see a fall in April. Spring is traditionally the peak season for new sellers to launch their properties on to the market at more optimistic prices, as gardens are looking their best and time is on a seller's side.
"However, sellers have taken the smart step of acknowledging that buyers will need tempting with a more competitive price, partly due to concerns over City job losses and mortgage costs not falling in line with base rates."poppy100 -
It does make you wonder when the average price of a property in Tower Hamlets is £408,000.
Don't people know that there are nicer, cheaper places to live?Everything that is supposed to be in heaven is already here on earth.
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PasturesNew wrote: »Kensington and Chelsea £1,458,558 (-2.2%)
This fall must be such a relief to most of us :rolleyes:0 -
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mr.broderick wrote: »Zammo behave, you couldn't even afford the season ticket.
Be careful zammo rumours going around the regulars on here you and benefits blaggers are an item, any truth in this?
Just two lost souls cast adrift on the sea of life Brodders.
Have you slipped Doozer a length yet? I hear she's in the same "boat" as you having just invested in a semi submersible bungalow on the flood plains of Gloucestershire. Perhaps you can work out some sort of deal to keep yourselves "afloat". Maybe some sort of relationship where she supplies a service and you provide protection?
:money:0 -
Just two lost souls cast adrift on the sea of life Brodders.
Have you slipped Doozer a length yet? I hear she's in the same "boat" as you having just invested in a semi submersible bungalow on the flood plains of Gloucestershire. Perhaps you can work out some sort of deal to keep yourselves "afloat". Maybe some sort of relationship where she supplies a service and you provide protection?
:money:
Speaking of boats anyone seen my nellys thread on the (non losers board).0 -
lovely line thisSince the survey was launched six years ago, a fall in asking prices has only happened once before in April – in 1985.0
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