Short lived slowdown likely – Savills

Oct. 1, 2007
The impact of the global credit squeeze on the UK economy and housing market may yet turn out to be short lived, according to Savills. Recent financial market fluctuations impacted heavily on housebuilders’share prices last month, with values dipping by 10% in the days that saw a run on British lender Northern Rock. And the climate is already cooling the …

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