Those of you who visited www.mortgageintroducer.com in July were asked, ‘How do you feel about the following statement: Judging by recent data it is likely we have reached the bottom of the housing market and prices are not likely to fall further’?
The results concluded that confidence in the housing market is slowly on the up with over 50% agreeing or strongly agreeing with the poll question.
However the results also show that there is still some uncertainty from brokers over which direction the housing market and prices may take over the next few months, with a total of 37.5% disagreeing or strongly disagreeing with the statement.
Over 750 brokers responded to the poll. The results were as follows:
12.7% Strongly Agree
37.5% Agree
12.3% Don't know
23.7% Disagree
13.8% Strongly disagree
