Sales drop to 55% at A&R

November 2007
EG: Estates Gazette;11/3/2007, Issue 744, p87
Trade Publication
The article reports on the 55% decline in sales of real estate firm Andrews & Robertson's (A&R) in an auction in Great Britain in October 2007. Executive Andrew Smith stated that the decline was a result of credit market crisis, rising interest rates and negative forecast for the housing market. He cited that the percentages of loan have decreased for a number of regular buyers.


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