U.K. Home Sellers May Need to Cut Prices in ‘Blighted’ Market
Paul Thomas/Bloomberg
Concerns about the euro-area crisis and a deepening recession in the U.K. have damped demand for homes, with mortgage approvals dropping to an 18-month low in June.
Concerns about the euro-area crisis and a deepening recession in the U.K. have damped demand for homes, with mortgage approvals dropping to an 18-month low in June.