Tuesday, February 10, 2009

A tiny glimmer of property market positivity


Another tiny glimmer of positivity regarding the property market, although drawn up from a site trying to sell property.

Benjamib Williamson, an economist at CEBR quotes "Prices and interest rates are now at levels whereby any improvement in lending is likely to lead to substantially increased activity and at the very least a bottoming out in housing prices."

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Not really enough to get the estate agents up and dancing.

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