Wednesday 15 June 2011

House prices down amid low demand - Property, House & Home - The Independent

House prices down amid low demand - Property, House & Home - The Independent

House prices dropped by 1.1% in April as estate agents struggled to sell just one property a week, figures showed today.

The property market failed to benefit from its traditional spring bounce this year as the run of bank holiday weekends hit activity levels, while concerns about the economy and the ongoing problems in the mortgage market also affected demand.

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