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UK: Housing market slows to 2008 level

Posted on 10 April 2012

Activity in the housing market slowed last year to its weakest level since 2008, according to a respected measure, as worries about the economy and problems scraping together a big enough mortgage deposit weighed on demand.
The number of property “hotspots” – towns which experienced a rise in sales numbers – halved in 2011, dropping to its lowest level since the height of the financial crisis, according to new research by Lloyds TSB………………………………………..Full Article: Source


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