05.05.2011 - UK: Property market in 'state of rigor mortis' as prices drop further
House prices are falling at their fastest rate for two years at what is traditionally a boom time of the year for the market, data showed. Economists said the figures illustrated how Britain’s property market remained in a ‘fragile state’. One analyst even described the lower end of the market as being in a 'state of rigor mortis' because the lack of affordable mortgages is preventing first-time buyers stepping onto the property ladder..............................................Full Article: Source
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