house

This article from the FT shows how the market, in London at least, is behaving oddly. There is a drying up of liquidity: there simply aren't very many properties advertised, which is causing some desperate buyers to resort to leafleting.

An audit by Commission for Architecture and the Built Environment (CABE) on housebuilding in the UK has condemned the majority of new developments:

A staggering 82% of new homes built over the last five years aren't well-designed and fail to measure up to the building industry's own benchmarks, says the first national audit of new private housing design. Nearly a third are so poor they wouldn't have got planning permission as they stand.

See The BBC News Magazine for more details.