LONDON, May 8, 2012 /PRNewswire/ --
A recent survey by Halifax revealed that UK house prices fell sharply in April, dropping 2.4% on the month after a brief rise in March 2012. The latest slump can be attributed to the end of the stamp duty break for first-time buyers, which concluded on March 24.
April's drop may be a kick in the teeth for the real estate sector that's already struggling to keep from collapsing like a pack of cards. For spread betting professionals, however, it represents the perfect opportunity to net a tidy profit.
What exactly is Spread Betting?Spread betting enables you to make tax-free profits* from rising as well as falling market prices. Your potential to profit depends on your ability to speculate whether prices will rise or fall in the near future. For example, if you believe that the price of a particular financial instrument (eg stock, index or commodity) will rise in the coming days, you 'buy' or go long that instrument. If, on the other hand, you believe that prices will fall, you 'sell' or go short that market. If you were right and prices move in the direction you had anticipated, you stand to make a profit. If, however, prices in the opposite direction, you stand to make a loss. Learn more about spread betting with Finspreads. How to profit from falling house prices with sectors trading Every single share listed on a stock exchange belongs to a particular sector, eg mining, banks, technology, real estate etc. With sectors spread betting, you effectively take a position on the direction of an entire sector, without speculating on the performance of an individual company within that sector. Summary