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HBF regional survey of house builders December 2007

By: Language: English Series: Housing Market Report ; (187) January 2008, 7-12(6)Publication details: 2008Subject(s): Summary: Finds that in December 2007, house builders reported continued reductions in both site visitors and net reservations, with a sharper seasonal downturn than usual. Net reductions in new home prices were also reported, with an increased use of sales incentives. On balance the industry is expecting a decline in house prices over the coming twelve months.
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Journal article London Journal article L142414 (Browse shelf(Opens below)) 1 Available 142414-1001

Finds that in December 2007, house builders reported continued reductions in both site visitors and net reservations, with a sharper seasonal downturn than usual. Net reductions in new home prices were also reported, with an increased use of sales incentives. On balance the industry is expecting a decline in house prices over the coming twelve months.