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The number of real estate transactions has sharply decreased in the Great Britain

12 June 2008

As it has become known for last 3 months the usual agency of the real estate managed to find the buyer on the average on 17 houses, exposed on sale. Thus, purchasing activity in the market of habitation was reduced almost three times in comparison with the similar period of the last year.
Moreover, practice of decrease by owners of the prices with the purpose to not lose clients which follows already after the conclusion with them agreements on sale has returned to the market. The last ones (clients), in turn, cannot often receive in banks necessary even for initial payment sum.
Proceeding reduction in demand in the market is a reflection of bank transactions collapse.


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