The Housing Market - Some Interesting Figures - 23/02/09

Author: Jeni Browne Posted on: 23 February 2009

A Consumer Confidence Survey recently carried out has attracted 28,000 in its first two weeks of being sent out.  The figures are at worse, re-assuring but actually, dare I say it, positively encouraging!!!!!

*  46% of respondents expect to buy  a home to live in during 2009

*  10% are planning to buy a investment property

*  29% expect to sell a property in the next 12 months

*  72% believe it is a buyers market

What these figures indicate is that possible buyers/home movers are recognising that there is a window of opportunity with recent price falls making property prices more attractive. 

There is a further argument which would say that other assets seem a lot less solid than bricks and mortar, thus making the prospect of ploughing capital into property more appealing than it has done for some time. 

Factoring in the above, in particular the apparent demand outstripping supply, it looks like we are finally seeing the green shoots of recovery for our housing market.