Tuesday, June 10, 2008

Bad News for Homeowners and Economy

Homeowners received two pieces of bad news.Demand for housing has evaporatedThe MPC hint they may actually increase interest rates to deal with the growing problem of inflation.The % of estate agents reporting house price falls has decline from 97% to 92%. But, there has been a sharp fall in the volume of houses being put [...]

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[Source: Finance Blog]

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