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UK real estate prices fall
- UK: Thursday, May 01 - 2003 at 10:54
UK property prices have fallen by around 20 per cent in London, and buyers are hard to find across the country. Agents report a weakening of the market since the beginning of the war in Iraq. Expatriate buyers may be wise to delay purchases until the market settles and the outlook for interest rates becomes clearer. Interest rate rises will depress prices further.
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Peter J. CooperThursday, May 01 - 2003 at 10:54 UAE local time (GMT+4)
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This article was updated on Sat Feb 24 2007.
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