Tuesday, Jun 24, 2008
Don't Panic!!!!!
ITN: Further house price crash fears
Home loan approvals have nosedived at their sharpest annual rate to hit a record low in May, fuelling more fears of a house price crash.
As house prices fall at monthly rates not seen since the slump of the early 1990s, the number of mortgage approvals accepted by the UK's biggest banks dropped to 27,968 during the month from 34,752 in April.
Posted by housebear @ 09:36 PM (229 views) Add Comment
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