Monday, 24 December 2007

Selling takes that little bit longer.....


Hometrack delivered more bad news for UK house sellers. In December, House sellers had to wait average of 8.3 weeks before an offer was received. Last May, it was just 5.8 weeks.

It is certainly slow at the moment.

2 comments:

Dave B said...

That number, along with housing inventory, is only going one way next year. Up!

speedtheplow said...

Slower, perhaps, but I don't see how 2.5 more weeks signals anything other than a seasonal slowdown. Until interest rates go up there will be no wholesale panic.