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Written by Rosalind Renshaw

Two London agents have sounded cautious notes of optimism after looking at their sales figures for November.

Hamptons say they had a 22% increase in sales during the month, compared with October, and up 2% on November 2007. However, property prices are on average 20-25% lower than their 2007 peak.

Meanwhile, Kinleigh Folkard & Hayward report a noticeable increase in the number of buyers and registrations in certain areas of London. Their Streatham branch recorded a fourfold increase in sales during November over October.

Comments

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    Two London agents desperate for some good PR would be about the sum of that report. Its survival of the fittest guys and you can expect more of this kind of thing for the next couple of years at least.

    • 16 December 2008 18:28 PM
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    Oh dear, it appears Garry went to the same school as Vossy and Jim...not too bright are we, Garry? Clearly literacy and maths are not your strong points.P.S. How is your company surviving with figures like that?!

    • 16 December 2008 11:53 AM
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    22% increase, lets work it out. We too had only one sale in October, November we managed 9. December predicted completions, well back to 1. Let the good times roll ! ! !

    • 16 December 2008 09:38 AM
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    Whatever the real numbers are behind the statistics, any improvement at all is an improvement, which means that it might have stopped getting worse - I agree, that is reason for hope!

    • 16 December 2008 06:18 AM
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    I love when articles like this are written, I dont even read them, just the comments and they amuze me everytime! Times are hard for everyone no matter how you try to sex it up with percentages, however, I know we will get through it so chin up and lets forget about the negatives (there are too many of them) and work through the positives (which there will be more of soon, I'm sure)! xxx

    • 15 December 2008 02:45 AM
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    I've got a good idea. Lets all shout together, as loud as we can now children.."Everything is going to fine, you can all start buying houses again!". There, that was easy.

    • 15 December 2008 02:22 AM
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    Wow Jim, a very mature response. Dont worry though, Santa will put a 'lemon-squeezer' under your Christmas tree too. P.S. Maybe it is time to get yourself a new IFA, cos clearly yours is not doing very well...or maybe the problem lies with you and the lack of your horticultural skills?

    • 15 December 2008 02:07 AM
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    Beej, you keep your head firmly planted in that sand dune, mate. that way, you can grow a cactus out your arse. The buyers can't get the money.

    • 15 December 2008 01:52 AM
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    Well done Beej, that did make me laugh. I couldnt agree more with you. I feel the need to send warm congrats to Vossy's. His office must be in TOP BUZZ mode

    • 15 December 2008 01:43 AM
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    Unfortunately comments and attitudes like Vossy's, is one of the reasons why agents are not doing well and that the buying public lack confidence. But, well done on your 1 sale, you are a credit to your company!

    • 15 December 2008 01:27 AM
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    Lies lies and statistics- last month we agreed zero property sales yet this month we have agreed 1 sale..thats a 100% increase on last month...according to KFH does this mean the recession is now over? get real.

    • 15 December 2008 12:50 PM
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    Last month two buyers. This month eight buyers. Well done KFH.

    • 15 December 2008 12:26 PM
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