Daily Archives: 07/03/2012

2011 was a disaster year for residential property sales

Residential property sales were at levels unseen for 16 years, during 2011. It is as if property buyers went into hibernation. According to statistics released by RP Data, the truth hit property sellers very hard – no one was buying. Some parts of the country fared worse than others. The fact that borrowing for home loans was very difficult, did ...

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