Monday, September 19, 2005

 

UK Property Market in September 2005

Hopes of a rebound in the UK property market were kindled this month. A recent report from "Rightmove" indicates that there was a surge in the number of homes sold in August 2005. Traditionally August is one of the quietest months for the UK property market. This increase in sales may indicate that the year long recession in the UK housing market is coming to an end. However analysts pointed out that the increase in sales volume does not necessarily mean an increase in property value.

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