Monday, January 31, 2011

Kates Playground Spezial

UK: property sales and prices fall even

Continued price falls and the number of transactions

The survey conducted periodically by the company Hometrack Ltd., the UK shows that the prices of real estate for residential purposes would continue their downward path during the month of January still in progress, due to a growing demand weak.
The demand for new housing and new equipment has undergone a decline during the first month of the year, coming to weaken limits on record for the last three years, in the wake of rather dark predictions about the future of the local economy and internationally.
Consequently, the average cost of a house in the examined share reached 153,600 pounds, a decline of 0.5 percentage points compared to the average values \u200b\u200bthat the company is overseeing the monitoring was able to find real estate in December.
bodied falling demand, which were claimed by the parties concerned with the analysis of Hometrack, would have decreased by 9.5 percentage points during the month assessment .
analysts said the downward trend expected to continue over the coming months, a period in which it is estimated a new decline in market values \u200b\u200bof homes, forced down by a question that is struggling to recover, and that will not become strong still no one knows for how long.

Source: Hometrack


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