information on sales of real estate tools are waiting for reliable measurement of price changes.
Lower prices? decrease in sales? increase in some areas? decline in others?.
all players in the real estate is a research tool to measure the real estate market and know the price development of this sector.
This information is very mixed and are like the glass half empty as some see a half full.
Notaries record some final selling price (about 75% of sales) but they are provided several months after the sale.
The real estate professionals record prices is offered for sale or prices signatures compromise.
Banks in the study for the repurchase of mortgage await the opinion of value of notaries who give the value a building, the rental value and the value for sale.
Very mixed as follows:
• regions,
• the city or the countryside,
• large areas or small,
• units below or above 150 000 euros to 300 000,
Prices are determined in the financial arrangements.
The palm of 'likely' to have on the reliability of the figures up to the bank branches network properties, the finding of a conflict of interest.
A spring cleaning when the statistics relating to properties?
Tuesday, 20 December 2011
No statistics of real estate is reliable.
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