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Savills shares plunge after London house prices down 7.5%

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  • Savills shares plunge after London house prices down 7.5%

    Exclusive estate agent, Savills, saw its shares plunge 14% in early trading today after it said the housing downturn is now having an impact in central London as house prices have fallen 7.5% this year in the capital.The agent also said transaction volumes were down 45% year-on-year in the first half of 2008.Savills, which is [...]

    More: Savills shares plunge after London house prices down 7.5%

  • #2
    The City only just noticed? Surely share values in exposed companies would have adjusted several months ago.

    Is there anything more to this I wonder?

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