Quote:
Originally Posted by Steve A
fingers crossed with the interest rates as they are at the moment people will be more inclined to buy houses. Apparently there has been twice the number of maortgage applications in January than any month in the previos 12.
On cars they cant keep going down at the rate they have been as 'supply and demand will take over.
The less new car sales there are the less choice people have in the used market and quality cars should become wanted agian and that means an increase somewhere along the line......i hope
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The vehicle manufacturers have been restricting production since the markets crashed.
Similarly the housebuilders all came to an absolute stop.
That's going to start to affect supply and demand.
Liquidity in the financial markets isn't back yet. I don't see that coming before the banks publish their annual reports etc and there true financial position becomes known.
Early summer could be interesting though. Fingers crossed.