Topic: | Re:Re:Re:Re:Re:Re:Property sales | |
Posted by: | Marcus Allon | |
Date/Time: | 20/03/08 13:12:00 |
I agree with an earlier poster about prices going ballistic last summer. My partner and I bought a house in Grove Park in the summer of 2006, even at that time we couldnt believe how much the market had grown. We then watched as prices for houses we looked at grew from £650k to £850k by july of last year. Subsequently the market has definitely cooled. Regarding another point raised, in times of downturn everywhere will experience falls in house prices. However, the rate at which they bounce back is quicker for more desirable areas. So Chiswick will fall, but is likely to bounce back quicker than most. |