{"id":7034,"date":"2023-03-21T12:09:01","date_gmt":"2023-03-21T12:09:01","guid":{"rendered":"https:\/\/www.pjamesfs.com\/?p=7034"},"modified":"2023-03-21T12:44:27","modified_gmt":"2023-03-21T12:44:27","slug":"lower-pricing-leads-to-surge-in-home-demand-says-home-co-uks-asking-price-index","status":"publish","type":"post","link":"https:\/\/www.pjamesfs.com\/lower-pricing-leads-to-surge-in-home-demand-says-home-co-uks-asking-price-index\/","title":{"rendered":"&#8220;Lower pricing leads to surge in home demand, says Home.co.uk\u2019s Asking Price Index&#8221;"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">I suppose you could call this classic free-market behaviour; although it\u2019s outside influences, in the end, which are the deciding factor. Prices keep going up until they reach a point of unaffordability, the unaffordability in this case largely due to a quadrupling of interest rates. So those who want to sell ask less and, bingo, people start buying again. It just takes Bert and Beryl at No. 14 to understand that their house will never sell for as much as Ron and Marjory\u2019s at No.32, despite their new drive and beautiful begonias. They reduce the price, and, for some at least, the spiral starts to unspiral. Of course, if you decide not to sell, your house won\u2019t have gone down in value and will almost certainly at some point go up again. So, hang on in there, and you\u2019ll do alright in the end. Sound familiar?<\/span><\/p>\n<p><a href=\"https:\/\/theintermediary.co.uk\/2023\/03\/lower-pricing-leads-to-surge-in-home-demand-says-home-co-uks-asking-price-index\/\" target=\"_blank\" rel=\"noopener noreferrer\">Read more here<\/a><\/p>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I suppose you could call this classic free-market behaviour; although it\u2019s outside influences, in the end, which are the deciding factor. Prices keep going up until they reach a point of unaffordability, the unaffordability in this case largely due to a quadrupling of interest rates.<\/p>\n","protected":false},"author":1,"featured_media":7038,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[21],"tags":[887,183,184],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/posts\/7034"}],"collection":[{"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/comments?post=7034"}],"version-history":[{"count":0,"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/posts\/7034\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/media\/7038"}],"wp:attachment":[{"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/media?parent=7034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/categories?post=7034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pjamesfs.com\/wp-json\/wp\/v2\/tags?post=7034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}