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Here's an interesting couple of stats for Cardiff this last quarter:
All properties:
Average Price: £164,464
Quarter: -7.4%
Annual: -9.2%
Flats:
Average Price: £124,396
Quarter: -8.0%
Annual: -20.6%
Detached Houses:
Average Price: £295,259
Quarter: -4.2%
Annual: -0.6%
Remarkable how it varies across different kinds of houses...
Posted : 25/02/2009 11:58 am
Remarkable how it varies across different kinds of houses...
Not really - it was obvious that flats were overinflated compared to houses, and that the developers ended up simply making too many of them.
Posted : 25/02/2009 12:19 pm
But all you ever hear about on telly is the average price. Different markets really, shown to be behaving differently.
Still building flats and houses here in Cardiff. Adverts for new developments are going up before the old factories have even had the gates bolt-cropped open.
Posted : 25/02/2009 12:32 pm
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