Five Fact Friday 14 July- including some genuinely good news

Watch the video of this podcast here: https://youtube.com/live/kiOknTLfOfkRICS House Prices: “the national net balance fell to -46% in June, declining from a May figure of -30%”  https://www.rics.org/content/dam/ricsglobal/documents/market-surveys/uk-residential-market-survey/6._WEB_June_2023_RICS_UK_Residential_Market_Survey_tp.pdf Mortgage defaults in the three months to the end of May leapt to 30.9 on Bank of England index, up from 14 in the first quarter of 2023. https://news.sky.com/story/biggest-increase-in-mortgage-defaults-since-2009-survey-of-lenders-finds-12920424 Economy contracted 0.1% in May. No growth in GDP in 3 months. https://www.ons.gov.uk/economy/grossdomesticproductgdp/bulletins/gdpmonthlyestimateuk/may2023 Unemployment up to 4%. Vacancies down 24% on last year, 26% v pre-pandemic https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/employmentintheuk/july2023  Time to exchange DROPS! Woohoo! https://thenegotiator.co.uk/surge-in-property-supply-sees-time-to-exchange-fall-to-115-days/ Bonus Fact: BestAgent All Homes Index shows average asking rents falling slightly across the country https://bestagent.news/country/england/  Support the showFollow me on X for daily updates: https://x.com/moving_charlie 🎥 Charlie's Golden rules videos forBuyers: https://www.youtube.com/watch?v=h6T-uZ28a80 Sellers: https://www.youtube.com/watch?v=W9oR28aWLOs  Offering: https://www.youtube.com/watch?v=iZaDs7uZ5Hw 🎥 Playlist of FTB advice - https://www.youtube.com/playlist?list=PLKomt2RI3JYnJ3imNEWjKGkszf_bzqDfe📧 E-mail template for cash offers - https://mhwc.co.uk/email-templates/suggested-email-offer-template-for-cash-buyers/ 📧 E-mail template for FTB mortgaged offers - https://mhwc.co.uk/suggested-email-template-for-first-time-buyers-making-an-offer-with-a-mortgage/ 💰Speak to Charlie’s recommended mortgage brokers - https://mhwc.co.uk/mortgage/🧑‍⚖️ Get a quote from Charlie’s recommended conveyancers - https://mhwc.co.uk/conveyancing/ ...