UK Property Prices Suffer 'Largest Decrease Ever' As London Real Estate Goes Into Full-Scale Collapse
SO MUCH FOR “RUSSIAN SANCTIONS”
.
REUTERS/Kai Pfaffenbach
More sellers than buyers, basically.
Property prices in the U.K. can’t go on rising forever — and now they’re not.
A survey of 90% of the market by Rightmove, a real estate price tracking company, shows that real estate prices fell 2.9% in August, the second consecutive down month this summer.
Prices fell nearly 6% in the overheated London market.
Source: http://www.trading-to-win.com/2014/08/uk-property-prices-suffer-decrease-ever.html
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