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UK: Housing slump? Blame the weather

Posted on 24 May 2011

The housing market is bracing itself for more price falls after an unexpected slump in sales this spring thanks to economic uncertainty, prolonged good weather and the glut of Bank Holidays.
Miles Shipside, commercial director of Britain’s largest property website Rightmove, says the “distraction” of successive long weekends, the holiday atmosphere surrounding the royal wedding plus good weather across much of the country, have sharply cut demand……………………………………….Full Article: Source


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