House Price News - the credit crunch crash. Javascript must be enabled to use this site.
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"The survey this month has been characterised by extremes, from unusually high stock levels to unusually low buyer levels."
Stewart Lilly, NAEA PresidentOctober 2007

"The National Estate Agents Association is reporting that 90% of their registered agents are reporting falling house prices in London and in fact sellers are being urged to drop their asking prices by a minimum of 10% but still it isn't enough to tempt buyers back to the market to buy."
Arnold Harris, Moving HomeOctober 2007

"A lack of homes for sale and buy-to-let demand continues to support prices and prevent the crash that some commentators are predicting."
Simon Rubinsohn, chief economist with the Royal Institution Of Chartered SurveyorsOctober 2007

"We're going to see a slowdown in house-price growth. They will rise more slowly than in recent years but we expect prices to continue to increase."
Martin Ellis, chief economist at the HalifaxOctober 2007

"The idea of a price crash north of the Border is completely ridiculous and there seems to have developed a culture of panic among some industry observers that a catastrophe is just around the corner. Nothing could be further from the truth. The conditions which led to a slowdown of the Scottish market in the 1990s simply do not exist today."
Bill Cullens, chairman of Clyde PropertyNovember 2007

"If you do have the cash, there is plenty on offer and plenty of bargains. There are wide expectations that values will move up towards spring, 2008, because the market in Liverpool is still under-valued."
James Kersh, Sutton Kersh Estate AgentsDecember 2007

"The year is finishing as it began. Despite the fall-out from the credit crunch and the ensuing gloom, we've had a great month. Prime London property seems to have recovered its nerve."
Lulu Egerton, Strutt & ParkerJanuary 2008

"First-time buyers should not be banking on a blanket reduction either this year or in the foreseeable future."
Dean Sanderson, M.D. Sanderson JamesJanuary 2008

"December has been a very quiet month - maybe the worst we have had in 17 years."
David McKillop, McKillop and GregoryJanuary 2008

"Supply would have to loosen considerably before prices experience a significant dip."
Ian Perry, RICSJanuary 2008

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