Flats oversupply affecting market – SmartNewHomes.com

Dec. 7, 2005
A glut of apartments on the market is having an adverse effect on house prices, according to online property portal SmartNewHomes.com. The portal’s comments are based on figures which show that of the new homes currently available in the UK, over half (54.7%) are apartments compared to less than a third (30%) of detached homes. Three years ago apartments formed …

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