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What’s on the cards

Friday, 11th July

The next week is likely to see lots of news on what’s happening with house prices around the country.

First up is likely to be the QV data, followed closely by numbers from the Real Estate Institute.

The things I will be looking for are more evidence that the market is flattening out, rather than falling further and whether the stand-off between vendors and purchasers is continuing.

As noted previously there has been a bit of a Mexican stand-off with purchasers believing the mainstream media stories that house prices are going to fall 30% and when they get that low it is time to buy, while vendors are refusing to take such a big haircut.

Finish reading my blog here and leave your comments.

Warm regards
The Landlord

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