You know the property boom is back when......

[frugalista]

Perhaps Rightmove's £200k "average UK house price" is an overestimate? After all they wouldn't want to rock the propety boom boat just before they IPO would they?

Find out more at housepricecrash.co.uk

frugalista

[eternalnomad]

These supposed price increases have exceeded even the most bullish market predictions.

I am sure there is no coincidence with Rightmove wanting to float on the stock market in the very near future.

To achieve top of range share price Rightmove will need to float in a strong property market.

[BlasterBates]

That maybe true but keep an eye on the rental market. As house prices are going up rents are going down.

Its a puzzle to me why people don't rent.

These days its impossible to let without having everything with brand new furniture and fitted kitchens.

[The Lone Gunman]

The average asking price of a home breaks the 200,000 squid barrier.

"Properties are selling more quickly and stock levels declining," Miles Shipside, Rightmove spokesman, said.
"Buyers are back, particularly at the bottom end of the market. We believe this will lead to further sales as successful sellers move up the property ladder,"

They might be biased, but ........

http://news.bbc.co.uk/1/hi/business/4724858.stm