Wednesday, 27 July 2011

U.K. Housing Demand Falls on Tighter Lending, Waning Consumer Confidence

http://www.bloomberg.com/news/2011-07-26/u-k-demand-for-homes-fell-in-june-as-property-supply-increased.html?cmpid=

U.K. demand for houses fell for a third month in June as waning consumer confidence and difficulties in getting a mortgage kept potential homebuyers off the market, the National Association of Estate Agents said.

“Lack of mortgage availability is still proving a major barrier to home ownership in addition to wider economic factors such as struggling consumer confidence,” the association said.

No comments:

Post a Comment