http://www.telegraph.co.uk/finance/p...onth-high.html
House sales going stratospheric. New Labour's economy is bullet proof.
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Reply to: Boom is back in town!
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Boom is back in town!"
Collapse
-
You can get your asking price, you just have to wait 10 or 15 years.
Leave a comment:
-
Asking prices mean nothing, what matters is the selling price and that's only going one way. Down.
Leave a comment:
-
Statistics can be misleading....
Asking prices in Kensington and Chelsea have risen over 20%.
Boomed? No, lots of top-end (ie £10m) houses are being dumped on the market as their owners are desperate for cash.
In the borough of Camden detached house prices (by sales) were up %127.
Boomed? No because only seven detached houses were sold in the last year. One sold for £55m which would rather skew the measurement!!
Leave a comment:
-
Originally posted by HairyArsedBloke View PostStrategists at New York-based Citigroup Inc. said in a report last week the pound is “among the most undervalued major currencies,” trading almost 15 percent below “fair value” versus the dollar. Barclays Plc predicts it will rise as much as 18 percent against the dollar and 11 percent versus the euro in the coming year. Goldman Sachs Group Inc. sees a 23 percent gain versus the dollar and 15 percent advance against the euro.
Leave a comment:
-
Originally posted by DimPrawn View Posthttp://www.home.co.uk/asking_price_i...ndex_MAY09.pdf
The mix-adjusted average Asking Price for homes on the market in England
and Wales has risen 1.1% since April.
http://miranda.hemscott.com/static/c...78/2116258.pdf
New sellers push up asking prices by 2.4%, driven by a mixture of ambition, optimism and necessity
This month sees a jump in new sellers’ average asking prices more reminiscent of a boom market.
This is the largest May rise Rightmove has measured since 2003, when property was seeing annual rises in excess of 15%.
You see, it's all sorted now, asking prices are going through the roof! This time next year CyberTory and I will want at least £1M for our humble sheds.
Or do you spend all your time on house related websites?
You're not Paul Torissi are you?
Leave a comment:
-
Originally posted by HairyArsedBloke View Post
Fill yer boots!
Leave a comment:
-
Leave a comment:
-
Interesting psychology at work here. When a person is selling, they expect top dollar. Having acheived a sale, the same person expects a mega bargain. Houses are still probably 35% to 50% above the long term affordability criteria on the whole though.
Leave a comment:
-
Originally posted by DimPrawn View PostObviously not, it is worth what the seller thinks it is, or it's not for sale.
The graph shows that there's no property crash in the seller's mind, infact it's mega boom time!
Leave a comment:
-
Originally posted by BrilloPad View PostA house is worth what anyone is prepared to pay for it.
The graph shows that there's no property crash in the seller's mind, infact it's mega boom time!
Leave a comment:
-
Boom is back in town!
http://www.home.co.uk/asking_price_i...ndex_MAY09.pdf
The mix-adjusted average Asking Price for homes on the market in England
and Wales has risen 1.1% since April.
http://miranda.hemscott.com/static/c...78/2116258.pdf
New sellers push up asking prices by 2.4%, driven by a mixture of ambition, optimism and necessity
This month sees a jump in new sellers’ average asking prices more reminiscent of a boom market.
This is the largest May rise Rightmove has measured since 2003, when property was seeing annual rises in excess of 15%.
You see, it's all sorted now, asking prices are going through the roof! This time next year CyberTory and I will want at least £1M for our humble sheds.
Tags: None
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: