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Repossessions an increasingly important factor

By: Language: English Series: Property Forecast ; 9(11) November 2006, 10(1)Publication details: 2006Subject(s): Summary: Discusses how the number of residential properties sold at auctions has increased, and how this has in part been due to the increased number of repossessed properties. Increased buyer confidence has resulted in greater risk taking, with rising interest rates having only a minor effect.

Discusses how the number of residential properties sold at auctions has increased, and how this has in part been due to the increased number of repossessed properties. Increased buyer confidence has resulted in greater risk taking, with rising interest rates having only a minor effect.