Housing market still reeling a decade after financial crisis, Savills says
Report by estate agent finds ‘dramatic slump’ in spending and transactions, and ‘huge gap’ between London and rest of UK
Ten years on the housing market is still feeling the after-effects of the credit crunch, with existing homeowners struggling to trade up, a doubling of typical first-time buyer deposits, and a “huge gap” between London and the rest of Britain, according to a new report.
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Source : Housing market still reeling a decade after financial crisis, Savills says