Tuesday, 13 November 2007

The Financial Times declares the housing bubble over

Bad news about the UK housing market is coming in so fast that it is hard to keep up with it. Today, the Financial times produced an article loaded down with nasty housing statistics. Here are just a couple of tasty quotes:

"New buyer enquiries have been withering for almost a year"
"home owners are rushing to try to sell before the market tumbles."
"New stock on estate agents books leapt 8.8 per cent in October"
"Newly agreed sales were lower that at any time since April 1999"

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