A depressed market
means there are less properties being sold, giving you greater opportunities to negotiate with agent, says Richards.
Despite the depressed market
conditions, operationally SCI has performed better as can be seen from the profit from operations before other income & finance cost, which stood at Rs.
The Shoprite Group has reported strong growth in the first quarter of its 2013 financial year despite the continuation of depressed market
conditions, the mega-retailer said earlier this week at the release of its quarterly results.
Estate agents say an increasing number of people are choosing to become double renters rather than being forced to sell their homes in a depressed market
" The hike in petrol prices has depressed market
sentiment and with the macro- economic indicators providing no cause for cheer, the demand outlook doesn't look bright," Arvind Saxena, director ( marketing and sales), HMIL, said.
Adam Ramshaw, associate director in the Birmingham office of LSH said: "The problems of the Eurozone and the halting recovery in the UK economy have depressed market
sentiment and in the regions, investors have been reluctant to look at anything other than prime stock or very good secondary stock.
However rents for non-prime space outside Birmingham have fallen due to depressed market
pounds 2.50 What some horses have been selling for in today's depressed market
Also contributing to the depressed market
for LCD TV panels was the China factor.
Tom Ryan, a managing partner in the business, has been responsible for a number of the purchases and said yesterday: "We felt the depressed market
gave us a great opportunity to buy, and we were fortunate to pick up some fantastic mares."
The move reflects the current depressed market
, but does not herald a repeat of the mid-90s recession when a raft of professional services pulled out of Liverpool and retrenched to Manchester, insist property and business experts.
The lack of investor demand has meant that pricing for this type of investment asset have fallen considerably and in most instances is driven by depressed market
sentiment rather than sound property fundamentals.
"We were able to meet their need for larger space and do so with a very aggressive economic package that took advantage of the prevailing locally depressed market
conditions," he added.
With major accounts being won recently, it will undoubtedly serve to bolster a depressed market
. But perhaps some wins are not really helping agencies.
The assets under management (AUM) have largely remained intact, despite the continuing depressed market
conditions for the mutual fund industry.