Archive for July, 2011

One in Three would Self Build

Norwich & Peterborough Building Society have said that one in three said they would self build if the money is available and within the next five years. There was a strong demand for self build projects including one in nine 12% would consider doing a self build project. Self build at one time would have [...]

House Prices High but sales have fallen

The banks are still rationing there mortgage funds so supply of buyers is restricted. Unemployment is high and with the economy being flat and incomes on a decline by the combination of inflation and low wage increases. Levels of home sales are now half compared to before the bank crisis. So why have prices not [...]

Housing figures property activity index

Most housing figures took a backwards step in June house sales and new ‘For Sale’ listings making double digit falls according to the property activity index. The houses sold in June fell by -13.7% in June compared to May and were down -10.7% on June 2010 and -16.9% down on June 2009. It is not [...]