Property market news is confusing - one week's we are told it's going up the next it's going down! This is because the news headlines only reports press releases, what it doesn't do is analyse all the information coming out from different market sectors and then come to helpful conclusions!
Never mind, here's our analysis of all the property market data. Basically the market is bottoming out, BUT only because sellers are starving the market with property stock, so much so, demand and supply is matching, BUT at 50% less than the market would normally buy and sell.
Rentals doing well, market likely to turn by winter back to a landlord's market - so tie into to contracts NOW!
Auctions continue to be successful, however values down by more than 30% and volume now falling due to falls in the number of repossessions coming onto the market!
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