News
More positive property news
Monday 24th of August 2009
The latest Mike Pero Mortgages-Infometrics Property Cycle Indicator (PCI) climbed to a positive 5.95 in July, from 3.98 a month earlier.
The indicator is a sensitive measure of the housing market and includes changes in the number of houses sold, changes in price and the time taken for houses to sell.
On average, houses took an average 37 days to sell in July, a whopping 21 days...
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