Property Sales Down by 75% with 50 Viewings to Get a Deal

Evening Standard - London › October 10, 2008

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Summary

THE London property market has virtually come to a halt over the past month, threatening the jobs of thousands of estate agents.

Phones have been eerily quiet since the middle of last month when Lehman Brothers collapsed, according to agents who are struggling to convert viewings into sales.

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Extract

Property Sales Down by 75% with 50 Viewings to Get a Deal

There is a growing fear that without a pick-up soon, hundreds of high ...

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