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Real Estate Briefing - Categorized | Emerging Trends, Europe more

Slowdown in U.K. Bodes Ill for European property

Posted on 18 August 2010

From WSJ: Was that the recovery? Judging by the latest round of reports from European property companies and tracking services, growth in property values is rapidly slowing as rents and demand for property show signs of declining in some markets.
The latest data published by research group Investment Property Databank show that property values in the U.K. have grown 15.4% since August 2009 and about 7% this year. But the growth in property values has been slowing for the past four months; in July, U.K. property values barely budged, rising just 0.2% from the previous month……………………………………….Full Article: Source


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