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Originally Posted by LFC
Be a good time to buy in 3-4 months I reckon, anyone else got views on this?
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long term, property will go up. of that there is no question.
sure some months there will be less sales, or the average sale price will be lower, but you cant always take that as a guide of the overall market.
what was the weather like? how many real expensive houses were sold? etc
it doesnt take too much to affect stats ...
sure there is a small slowdown currently...houses may be taking 10 days longer to sell...but from what i can see they are still more expensive than a year ago.
if you are thinking about buying a house, there is no time like the present.
whenever that may be.
it is best to ignore the media.
a year ago they were predicting a slowdown...and also countless times in the last few decades...but houses were only $50k then, lol
if you were thinking about buying a house 4 months ago and didnt, do you regret it now because you have to pay more?
if you are thinking about buying now, do you not think you'll regret it in 4 months if you dont?
trends are more likely to continue than to change.
and houses are more expensive now than they were a year ago.
thats all you need to consider.
imho.