15.10.2008 - Housing bubble bursts in London
From WSJ: The financial crisis is taking a heavy toll on London's once-thriving property market, as real-estate agents report the biggest slump in business since records began 30 years ago. London's real-estate agents sold an average of 8.3 properties apiece in the three months ended in September, according to the Royal Institution of Chartered Surveyors. That is the lowest tally for any region of the country since the survey started in 1978. In Britain as a whole, agents sold an average of 11.5 properties during the three-month period, down more than 50% from ..... Full Article: Source
Print