0:00:03.330,0:00:07.410
normally in a traditional market foreign
easter we tend to find a pickup in
0:00:07.410,0:00:08.679
activity
0:00:08.679,0:00:12.409
things a little different this year and
the several reasons for that
0:00:12.409,0:00:16.439
now one is the economy and people
naturally are worried about their jobs
0:00:16.439,0:00:19.789
uh... they're worried about what they
still have no interest rates
0:00:19.789,0:00:22.880
i think my guess is that interest rates
fall into very much
0:00:22.880,0:00:25.789
for the foreseeable future so that some
good news
0:00:25.789,0:00:28.699
oversee mortgages continue to be a
problem for a lot of people the banks
0:00:28.699,0:00:31.070
have been very cautious about how much
the lending
0:00:31.070,0:00:31.949
and to do
0:00:31.949,0:00:36.410
things are to be fair slightly improving
but for a lot of deals out there the
0:00:36.410,0:00:40.329
perot first-time buyer all fat matter
anybody else has put together maybe
0:00:40.329,0:00:43.910
twenty percent but the president positon
is a lot of money there are some more
0:00:43.910,0:00:47.660
deals coming in the with a ten percent
because said things are looking at a bit
0:00:47.660,0:00:48.350
better but
0:00:48.350,0:00:49.050
naturally
0:00:49.050,0:00:50.870
with some caution out there
0:00:50.870,0:00:54.810
now as the graphs and i'll show you in a
minute will indicate bad things actually
0:00:54.810,0:00:58.890
on not desperately bad lead running only
in about a fifty percent of what they
0:00:58.890,0:01:00.300
work
0:01:00.300,0:01:03.760
whitaker these graphs on one of the
uh... than applicants which the for
0:01:03.760,0:01:07.610
structuring that is the number of new
people who are registered looking for
0:01:07.610,0:01:12.160
property it actually shows things uh...
very very similar was running at about
0:01:12.160,0:01:16.190
twenty two seventy five a month per
branch per member so is roughly about
0:01:16.190,0:01:20.510
the same interesting though but he's
actually up on last year to respond to
0:01:20.510,0:01:24.410
everything the actual number of people
wanting to buy interested in buying is
0:01:24.410,0:01:26.440
holding up nice and i think are urging
0:01:26.440,0:01:30.920
number sales per brought registered as
you see on this crop assuring eight per
0:01:30.920,0:01:34.810
branch now that actually has remained
the same from months so i think that
0:01:34.810,0:01:38.640
indicates the market really isn't going
anywhere at the moment is not going up
0:01:38.640,0:01:41.640
is not going down is from anybody level
0:01:41.640,0:01:43.230
the next groff we look at
0:01:43.230,0:01:46.439
shows the number although properties
0:01:46.439,0:01:48.490
that spark available
0:01:48.490,0:01:52.880
for sale at any one time and again the
sixty-eight this remains roughly the
0:01:52.880,0:01:54.230
same
0:01:54.230,0:01:57.810
it has been for the last few months
uh... the supply still there
0:01:57.810,0:02:01.500
of the photograph is perhaps a bit more
encouraging piece actually shows the
0:02:01.500,0:02:05.799
percentage of sales the first time buys
another of his goal of this month from
0:02:05.799,0:02:09.630
twenty one percent in april to twenty
four percent in nice so this stone
0:02:09.630,0:02:10.669
people out there
0:02:10.669,0:02:12.999
who are managing to get these deposits
together
0:02:12.999,0:02:17.200
uh... maybe from family from friends
coming together from relations but there
0:02:17.200,0:02:20.449
are first-time buyers out there who are
buying so overall
0:02:20.449,0:02:23.829
the market probably staying fairly level
at the moment
0:02:23.829,0:02:27.989
sold at the grass appear to indicate for
the markets remaining about level is not
0:02:27.989,0:02:29.830
the sort of going off or down
0:02:29.830,0:02:32.159
there's one important thing to remember
0:02:32.159,0:02:35.709
and that there is what have you might
read in the paper there is no such thing
0:02:35.709,0:02:39.879
as a single market there's lots of micro
markets how that borders within the
0:02:39.879,0:02:44.599
country but within towns and cities so
but all means do your research
0:02:44.599,0:02:46.549
on the internet but the end of the day
0:02:46.549,0:02:50.319
you've got ask somebody what is
happening locally supposed to get hold
0:02:50.319,0:02:53.989
of is one of the n_e_a_ members that
they be quite happy to come out and give
0:02:53.989,0:02:57.969
you that own professional knowledge of
the local area but please do awesome