16.11.2010 - UK: Houses now taking longer than ever to sell
From Telegraph: A fresh slump in the housing market means the average property is now taking more than three months to sell – the longest period on record. Falling prices, combined with continued uncertainty around the economy and the usual seasonal slowdown, means buyers are increasingly adopting a ‘wait and see’ approach, which is stifling sales. The average property in England and Wales is now taking 102 days to sell, according to the property website Rightmove..............................................Full Article: Source
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