| 14.12.2010 - UK: Home sellers forced to slash asking prices |
| From Sky News: House sellers have slashed asking prices by 3% during the past month - making it the worst December performance for three years. Average asking prices fell by nearly £7,000 pounds to £222,410 pounds in the four weeks to December 4, according to new research by property website Rightmove. It is the biggest December fall since the 3.2% drop in 2007 after the collapse of Lehman Brothers..............................................Full Article: Source |