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Encouraging clues in the London property market

Posted on 08 October 2008

From CityWire: Hidden among the national figures for house prices, which are showing falls of around 12% over the past year, there are huge regional differences. With volumes low the sale of a few expensive properties at knock-down prices can seriously distort the figures.

In the last housing slump of the early 90s anyone who didn’t have to sell just sat tight – and that appears to be what is happening now, particularly in the London market, which acts as a barometer for the rest of the country….. Full Article: Source


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