—Kevin Courtney, "Con Text Brickor Mortis," The Irish Times, July 29, 2008
New figures show that half the properties for sale have been on the market for longer than three months as vendors hold out for the right price but buyers struggle to get a mortgage and wait for prices to fall further.
The proportion of "stale" properties in the capital has jumped by almost 20 per cent since the start of the year. In January 32 per cent had gone unsold for more than 90 days. Last month that figure was 51.2 per cent.
—Mira Bar-Hillel, "Half London homes on market for longer than 3 months," The Evening Standard, September 4, 2008
Falling property prices and the credit crunch mean available homes outnumber successful buyers by 15 to one, according to property website Rightmove.
—"Brickor Mortis sets in on housing market," Daily Record, July 18, 2008