Home > Views > Blogs > Market Movers > Housing Market Paradox of the Day
EMAIL
PRINT
RSS
SHARE
TEXT SIZE:
SHARE
Send a copy to me

Separate multiple email addresses (max 20) with commas.

0/1500

Main
Food Inflation Datapoint of the Day   Blogonomics: An RSS Wish List
Jun 29 2008 9:54AM EDT

Housing Market Paradox of the Day

UK house sales: down 50%, year-on-year. UK house prices: up 1.8%, with London prices up 6.9%. SAR: "Please explain".

Not easy. Call it the upside of seller denial. In a down market, some homes will be sold even if nobody drops their asking price. Mix that in with the weird behavior of averages, and you can probably explain some of this. But I'm not sure if you can explain it all.

See more in

Loading...

Add Your Comment

Required fields are marked with an asterisk (*)
Add a comment

Recent Blog Posts

Archive

Previous
Dec
2008
Next


Also in Portfolio.com
Most Read
Most Emailed
Recently Commented