Monday, May 19, 2008
Such a fall would threaten a wider recession as furniture and carpet stores and firms selling fridges, washing machines and other household products all suffer the knock-on effects
mail: House sales set to plummet by 'up to 40 per cent', warn experts
Others to feel the pain would include estate agents, where thousands are already being made redundant, and solicitors specialising in conveyancing. RICS warned that the number of home sales could plunge by around 400,000 to approximately 600,000 and said the second half of the year would be a "difficult period for the housing market".
Posted by chris @ 04:27 AM (238 views) Add Comment
1 Comment
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1. dohousescrashinthewoods said...
"Such a fall would threaten a wider recession as furniture and carpet stores and firms selling fridges, washing machines and other household products all suffer the knock-on effects"
So just like in the US a year ago?