Showing posts with label recession. Show all posts
Showing posts with label recession. Show all posts

Friday, 8 August 2008

The 10 easiest UK postcodes to sell property

From the Times (Full article)

Some interesting stats and facts:

- In June 2006 there were 124,000 homes sold in England and Wales.
- In June 2007 there were 105,000 properties sold. (A drop of 15 per cent)
- So far, just 17,681 sales have been recorded in June this year. (A drop of 83 per cent)

Here are the ten postcodes that registered the highest number of sales in June.

1.CV6 (Coventry): 44
2. CR0 (Croydon): 40
3. S6 (Sheffield): 36
4. BN3 (Hove): 35
5. SW19 (Wimbledon): 35
6. BN1(Brighton): 34
7. E14 (Poplar): 34
8. ST5 (Newcastle-under-Lyme): 34
9. FY8 (Lytham Saint Annes): 33
10. SG2 (Stevenage)

Friday, 25 July 2008

Home Resales Decline to 10-Year Low in the US

Latest Bloomberg reports suggest that sales of previously owned U.S. homes fell to the lowest levels this June. This is the worst hit in the last ten years and due to plummeting real estate prices and buyers confidence the housing recession is now in its third year and there are no signals of things looking up. Full article