A recently released report has caused confusion among
At the same time, the RICS document also showed that new housing approvals are the lowest they have been in recent periods. Further signs of weakness in the market are the rapidly falling numbers that are being listed on the property market.
"At first glance, the RICS report does seem to be saying two different things, but the truth is that the data does make sense," said leading real estate authority
"The price rises can be explained by the fact that there is a lag time between buyers listing their homes and when they are sold, settled and recorded in statistics," said
"In terms of the falls in new housing starts and lower numbers of properties for sale, these are much more current sets of data. What we've had in the
"What reports like this show is that the housing market in the
"That's why I encourage investors to do their research and in particular minimise their exposure to risks like property price corrections and crashes. My strategies that have been tried and tested in both 'hot' and falling property markets prove that it's possible to make money no matter what the overall market conditions are."
"To see the strategies in action, as well as case studies and other free of charge education tools, I encourage interested property investors to visit my website or to pick up the phone and call the office directly," said
This year marks the 10-year anniversary of
In 2012 Rick Otton published his Australian book 'How To Buy A House For A Dollar' which was named in the list of Top 10 Most Popular Finance Titles for 2013. A
Read the full story at http://www.prweb.com/releases/uk-housing-market/rick-otton-analysis/prweb11969298.htm
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