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Tag Archives: Cartus Home Sale Network

UK Market Watch: How Sprinting and Swimming Affected Housing

It feels like we waited decades for the London 2012 Games to arrive and in a blink of an eye, it was all over. However, the UK continues to ride the Olympic high as we celebrate an unforgettable Games and it would appear the global event affected every corner of the country, including the housing market.
According to UK property portal, Rightmove (20/08/2012), the Games had quite an effect on asking prices, reporting the largest monthly fall (2.4%) it has ever recorded for the month of August. Traditionally, summer sellers often set low asking prices anyway, but -2.4% is quite a [...] Read More

UK Market Watch – Sales Stall, Rentals Rise and the Economy Eclipses Both

The UK property price trends that we’ve seen in the last 12 months appear to be continuing with marginal price changes reported by major UK financial institutions, Halifax and Nationwide Building Society for the end of summer. According to the surveys, the average UK house price is now £161,743 to £165,914, representing a month on month decline of between 0.6% and 1.2%.
We discuss the state of the market in the September edition of the UK Property Market Watch. Other communications on the subject are available on the UK Property Market site.
Reports indicate that unrealistic asking prices are stalling many prospective [...] Read More