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Bleak property outlook weighs on market
It is really interesting about London property market information , please check below FTSE index.
More misery was piled on the UK property sector today with heavy falls for both house builders and commercial property groups, pulling down the London market.
In notes to clients, investment bank Goldman Sachs warned on the beleaguered housebuilding sector and Credit Suisse exerted caution on real estate.
Continuing concerns about the housing market were also exacerbated by data on Tuesday showing consumer prices rising at their fastest in 10 years. The FTSE 100 was 76 points lower at 5785.9.
Goldman warned that the UK housing market is only at the start of a



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