House prices still down
Series: Hometrack Press Release ; November 2004 (10)Publication details: c2004Subject(s): Summary: "Hometrack's monthly national survey: November 2004" reveals a fall of -0.6% for the second consecutive month, the fifth month in a row that house prices have fallen. The average national property price now stands at £164 800. However, since January 2004 prices have risen by 1.90%, which hides an initial rise of 3.8% in the first six months of the year. There is also an excess supply of properties on the market, with the change in the number of buyers registered with estate agents falling by -6.1% and the number of unsold properties listed increasing by 3.3%. The average time taken to sell nationwide has exceeded 7 weeks (7.1 weeks) fo the first time ever. No counties reported house price rises this month, and only Cheshire staying static. The full report can be viewed on the website. http://www.hometrack.co.uk/| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3612-47 (Browse shelf(Opens below)) | 1 | Available | 128308-1001 |
"Hometrack's monthly national survey: November 2004" reveals a fall of -0.6% for the second consecutive month, the fifth month in a row that house prices have fallen. The average national property price now stands at £164 800. However, since January 2004 prices have risen by 1.90%, which hides an initial rise of 3.8% in the first six months of the year. There is also an excess supply of properties on the market, with the change in the number of buyers registered with estate agents falling by -6.1% and the number of unsold properties listed increasing by 3.3%. The average time taken to sell nationwide has exceeded 7 weeks (7.1 weeks) fo the first time ever. No counties reported house price rises this month, and only Cheshire staying static. The full report can be viewed on the website. http://www.hometrack.co.uk/