It’s all go go go. The market has shifted. Recession – what recession?
As you can see from the graph (taken from PropertyData) the world is smiling – especially in the property game. The dark years of 2008 are behind us. The flat-lining I have been talking about is … behind us. We should celebrate.
Or should we?
It seems that all of us need not celebrate. Those inside the M25 can – as the figures are so horribly skewed towards them.
Although the figures and statistics here don’t say a lot for the regions, We have noticed (as a firm) that there is a slight spring in the step of the market. There are more enquiries. We will always lag behind London but it does seem to be not as bad as it was!
There seems to be £3bn more activity reported in image 1 than in image 2? What is that £3bn (half the shift)?
Stephen – good to hear from you. I think the main graph is all sectors / every deal reported. The second graph only picks up some of the statistics… The whole report runs to about 30 pages – I only pick out a few headlines!