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Housing market finally crashes, says banks

The UK housing market has finally crashed, say two banks, following the Bank of England's decision to leave interest rates unchanged at 5%.
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New home sales crumble as demand wanes

More misery was forecast for housebuilders yesterday, after dismal comments made by Dresdner Kleinwort activated further selling of shares.
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Posted by
Marc Da-Silva
in Alastair Stewart, Barratt Homes, Bovis Homes, Dresdner Kleinwort, Home Builders Federation (HBF), News, Persimmon Homes on Sat 3 May 2008
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