Market Comment - Second Quarter 2010

Everyone who was waiting for the election result before they went out to buy a house is now in the market.  Agents report many more properties coming to the market (and now not needing a HIP) in all price ranges, resulting in viewings and sales for property which is correctly priced.  As the supply of property has increased prices have stabilised but good houses are making good prices.  The new Goverment's clear need to raise revenue and reduce costs will result in a difficult market but positive action within the economy could increase stability.
Written by Michael Hornsby
Date Published: 20.05.10