PropertyEU

OECD: UK economy to slow on housing downturn

By A staff reporter 2008-06-06T00:00:00

The Organisation for Economic Cooperation and Development (OECD) warned on Wednesday that ther UK's economic growth rate will slow in the next two years as a result of a drop of about 10% in property prices. The organisation said in its half-yearly outlook that the downturn in the real estate ...

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