Business Services Industry
UK housing market slump not over yet.
Australasian Business Intelligence, May, 2009
Byline: Peter Woodifield and Andrew MacAskill and Jon Menon
May 31, 2009 (The Australian Financial Review - ABIX via COMTEX) -- Jones Lang LaSalle has suggested that UK house prices could fall by a further three per cent in 2010. According to the broker, prices could plunge by up to 14 per cent this year amid rising unemployment. The Bank of England claims that during March 2009, loan approvals rose to a 10-month high. Jones Lang LaSalle has predicted the London 2012 Olympic Games could help spur a property price recovery in the city.
Publication Date: 1 June 2009
JONES LANG LASALLE INCORPORATED
LLOYDS BANKING GROUP PLC
NATIONWIDE BUILDING SOCIETY
BRITISH BANKERS' ASSOCIATION
MOODY'S INVESTORS SERVICE INCORPORATED...
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