Monday, May 26, 2008

Buyers are on Strike, apparently

Bloomberg: U.K. May House Prices Fall for an Eighth Month, Hometrack Says

U.K. home values fell for an eighth month in May and will probably drop further, Hometrack Ltd. said. ``The `buyers' strike' continues,'' said Richard Donnell, director of research at Hometrack, in a statement. ``Pricing looks set to remain under downward pressure over the coming months.'

Posted by cynicalsoothsayer @ 10:03 AM (150 views) Add Comment

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