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Wed 12 Dec 2008Market for sites hit a wall in 2008
DEVELOPMENT LAND:The general feeling among agents is that transaction volume for development land is down by as much as 80 and 90 per cent on 2007, writes Fiona Tyrrell.
AFTER FOUR years of runaway growth and headline-grabbing prices the development site steam train came off the rails in 2008 and had its worst year in a decade.
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