All Entries Tagged With: "estate agents"
Home sales at 30 year low according to RICS
Home sales have fallen to a 30 year low last month; this is a direct result of the current mortgage market, as it is dragging down house prices in the UK. Estate agents have reported that they are now selling an average of just 15 properties in the three months to the end of June. [...]
Upmarket estate agent Savills hit by housing slump
Savills, the upmarket estate agent has warned us today that the housing squeeze is not only affecting the UK, it is also spreading to parts of Europe and Asia, this is a sure sign that the credit squeeze is certainly taking hold.
Savills has said that their UK business is
Housebuilder Persimmon cutting 1,100 jobs after housing sales slump
It seems that the housing sales slump has taken its toll on Housebuilder Persimmon, they now have to cut 1,100 jobs, they have even warned that the housing market is set to get a lot worse.
Recovery of house prices could take more than four years
If you thought that the fall in house prices was just a minor blip, then you had better think again. It seems as if we are in for a long bumpy ride, one that could take more than four years to recover from. House prices have now been falling for the