Friday, Dec 12, 2008

Capitulation?

Home.co.uk: Sellers Race to Cut Prices

The UK house price correction is gathering pace on the open market. Vendors are
cutting market house prices more aggressively in all parts of England and Wales in
the knowledge that buyers with cash or mortgage finance are still in very short
supply and may be so for a long time.

Posted by tinecu @ 10:15 AM (377 views) Add Comment

2 Comments

1. amjidk said...

about time!! a 30% cut will do just fine!!

Friday, December 12, 2008 01:37PM Report Comment
 

2. mark wadsworth said...

Yeah, nice headline, but their chart shows asking prices down by ... er ... 6%

Friday, December 12, 2008 02:11PM Report Comment
 

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