11th June 2020 - House Prices, Rats and Ratings

Thought for the day :"Can you imagine a world with no hypothetical situations?"

LINK JOHNS HOPKINS
Office of National Statistics

House purchase seems to be progressing normally - and the papers are starting to run stories of how the prices will drop, though there seemed to be a short recovery for property with gardens such as we were selling. However, I feel glad that I took the offer at the time and that we seem to be moving in the right direction..

UK house prices fell to their lowest level in a decade in May, as the coronavirus lockdown continued to batter the housing market.

The figures

A survey from the Royal Institution of Chartered Surveyors (Rics) released today showed that UK house prices slumped to a net balance of minus 32 per cent in May, marking the lowest prices since 2010.

This deepened April’s low of minus 22 per cent, as the housing market froze following the closure of estate agents and the banning of house viewings.

“However, we must not forget the impact that the current pandemic has had on both buyers and sellers. Today, people are a lot more cautious with their finances due to a decrease in home income caused by loss of work and other factors.”

Property website Zoopla yesterday said that house sales in England had recovered since the government allowed estate agents to reopen last month, although London lags behind the rest of the country and markets in Scotland and Wales remain closed.

Google Trends data compounded signs that demand has rebounded, with online searches for the three most popular housing websites — Rightmove, Zoopla and Onthemarket — last month holding on to 76 per cent of January’s level.

However, Tombs added he “remained concerned” that housing demand will “peter out later this year, once some of the pent-up demand has faded”.

Data released last week by Halifax showed that the average UK house price dropped 0.2 per cent in May to £237,808.

In other news..
Meanwhile, back in the warehouse it seems that we have been feeding the rats and they have been having a great time.

When Susie decided to assist some friends with their walk down the Pennine Way to raise moneys for Charity in stupidly little days, being that they had Forces Links, she had to pop into one of the army Camps where she was presented with a box full of 24 hour rations. Well, as she was cooking most of the way the box stayed with us, mainly full afterwards, and of course ended up in the warehouse.

Needless to say that as it was at the bottom of a column of boxes, when I got to it, there were neat holes in all the boxes and the contents were completely removed.

Glad someone enjoyed them!..

And so back to the serenades (And I will have to get back in the studio today!). And today we reach Number 50 ...   A rousing Filk of the West Awakes - re-written for Mythodea

Full back catalogue now building up as I managed to get them into a playlist...

Playlist

This popped up on my feed today - from members of the "Company" - a LARP group from Belgium who adopted me at Mythodea  - didn't realise what was on the telly until I looked more closely 

Watching Youtube on the Big Screen

Cheers