GDP figures released today, show a slowdown in the economy
GDP figures released today have sparked further concern that a double dip recession is still a possibility. Official figures show that real GDP dropped by 0.5% in Q4 – they do say however, that Decembers surprisingly bad weather was a major factor in our slow down in growth, stopping people going to both work and the shops.
Website – This Is Money believe that todays negative figures will be a big blow for any optimists in the housing market. If you do require a quick sale then you may have to wait a bit longer. A double dip recession may still be on the horizon, however it does take two consecutive quarters of negative growth for an official recession, the next few months will be a deciding factor. We are a property buyer who can provide you with the true value for your home now. If you are in urgent need for a sale on your house speak to us.
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