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14 | Technology
Opening
new doors
Julie Speed, national accounts
director at Evaluate, looks at how
new technology can open new doors
for mortgage advisers
he beginning of any month fall in the coming months
T
usually tends to bring with it a given the weak outlook for
flurry of housing market the economy. It also added
statistics and generally a bit of that demand continues to
conflicting information as to outweigh supply with 6%
which direction property prices, more buyers registering
sales and confidence levels are with estate agents
actually heading. compared with April but
June’s early flood of surveys seemed to agree the number of properties
that there was a degree of positivity returning available falling by 0.2%.
to the industry. Propertyfinder.com’s May Sellers appear to be
survey of confidence in the housing market pricing more realistically
suggests that public confidence in the housing with 90.3% of asking
market is higher than at any point since prices being achieved in
September 2007 and the Northern Rock bail May, up from the 89.6%
out. recorded in April.
Recent figures from Nationwide illustrate a Properties are also
recorded 1.2% rise in house prices in May,
whilst reports from the Halifax suggests that
house prices rose by 2.6% in over the same
period. However, conflicting data from
Hometrack shows that house prices
remained unchanged in May, making it the
first time in 20 months that a monthly fall in
prices has not been recorded. But
Hometrack says that despite prices
remaining flat house prices are expected to
July/August 2009 Mortgage Introducer www.mortgageintroducer.com
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