Wednesday, 1 December 2010

propertytalk Live! - Weak demand keeps prices under downward pressure

propertytalk Live! - Weak demand keeps prices under downward pressure

The latest monthly survey of over 5,100 agents and surveyors highlights a dip in housing demand as consumer confidence falters and the seasonal slowdown starts early.

Prices are set to remain under downward pressure but a tightening in supply means that by the end of 2011 prices are forecast to fall by -2%.

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