Fewer lots push prices up

Maxwell, Estelle
October 2006
EG: Estates Gazette;10/14/2006, Issue 641, p75
Trade Publication
The article reports on the price increase of lots and decline of yields due to the decrease of supply offered in auctions in Great Britain in the third quarter of 2006. The increase in short-term interest rates also reduced trading opportunities. Property prime yields reached 13 basis point. Properties offered in auctions declined by 23%.


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