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Baby-boomers downsizing are driving the property market
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PostPosted: Fri Jun 15, 2012 6:24 am 
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Joined: Tue Mar 10, 2009 1:21 pm
Posts: 1457
Location: Hampshire
Property asking prices stalled in April, according to a new report, which says baby boomers trying to ‘downsize’ are now the driving force in the housing market.

The already top-heavy property market is becoming increasingly skewed towards cash-rich homeowners, with trading down from a large family house now the single biggest reason given for selling by homeowners approaching estate agents, says property website Rightmove. Read more


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