Friday, May 01, 2009
Green spots in the housing market?!? Ahahahah
Bloomberg: U.K. Housing Market May Not Recover Until 2012, Savills Says
The U.K. housing market may not recover until 2012, a year later than earlier projected, as unemployment rises and the financial crisis deters buyers, Savills Plc said.
In March, Savills sold a house in Fulham with 2,777 square feet (258 square meters) of space for 1.75 million pounds. The property was put on the market late last year “at a 2007 price” of 2.4 million pounds, Cuthill said. If the same home were to go on the market now, the asking price would have to be 2.15 million pounds to achieve the same sale price, he said.
Posted by attila @ 08:36 AM (183 views) Add Comment
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