Thursday, 18 February 2010

The 2010 Property Market in brief - Gary Edgar - E Surveyors

The property market has picked up and more homes are selling than they have done for some time. Prices achieved have risen and estate agents report that sales are achieved more quickly and closer to asking prices.

Although it is difficult to predict whether this will continue throughout 2010, we have to remember that as we get closer to a general election, central government will not want a property crash and will continue to spin, telling us the recession is over and we are on the road to recovery.

Once the May election is over, a successful World Cup in South Africa will hopefully see the pubs full of football fans enjoying a long hot summer of Rooney goals a plenty. Such confidence in the national football team will see consumers spending and working hard to afford it.

Rooney can't guarantee another 1966, nor can Gordon Brown expect a 1988 boom, but we are certainly hoping for a good performance all the same.

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