Friday, March 18, 2011

House Sales Recovering?

There was a staggering fall in the value of houses sold in the Beecroft and Cheltenham area, by all agents, over the months since the hype about interest rate rises in November 2010. However the last month or two have seen a recovery, with the latest figures showing sales value increasing. Still below where it was two years ago, but definitely edging back up.

2 comments:

  1. Nice blog you have shared. Nice read in here.

    Deirdre G

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  2. This is great blog, The steep downward trend in sales we saw over the spring and summer was the result of accelerated home purchases late last year and earlier this year.lot of people kind of jumped and made sure they had a purchase before July 1," she said. "A lot of people weren't aware the HST did not affect the purchase of a resale.
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