Gazundering

[vetran]

AtW's comment - bring on delivery of my Sofa!!!

FTFY

[AtW]

"Gazundering to return to the housing market as buyers get the upper hand"

" Inertia has hit the UK housing market as sellers await the outcome of the general election and stricter mortgage regulation suppresses buyer demand, according to property website Rightmove.

The number of homes registered for sale per estate agent fell to its lowest level for five years in December, with available stock 10pc lower than in the same month a year earlier.

At the beginning of 2014 each agent had 63 properties on its books, which climbed to 72 in July, before plummeting to 57 in the last month of the year.

While the lack of new listings pushed asking prices up 1.4pc from November to December, traditionally a quiet season for the housing market, analysts at Rightmove said vendors would need to work hard in 2015 to complete a sale.

“2015 will be the year of the selective mover,” said Miles Shipside, head of research at Rightmove. “With insufficient new building over the past few decades and a systemic change in the make-up of our current housing stock, buyers are dissatisfied with, and therefore dismissive of, some of what is up for sale.” "

Source: Gazundering to return to the housing market as buyers get the upper hand - Telegraph

AtW's comment - bring on 50% crash!!!