More trouble in the UK.
"...declining mortgage approvals is threatening to send the housing market into a precipitous slump."
http://www.independent.co.uk/news/business/news/how-long-can-the-housing-market-avoid-a-crash-2014108.html
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- "the housing market is holding up rather well"
"the housing market is holding up rather well", page-5
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Shanthar Pathmanathan, MD
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