GAZUNDER
Colloquial term in the United Kingdom that refers to the act of a buyer decreasing his true estate purchase offer below its past offer once the transaction is well under way. Usually, it happens when the market is frail and/or the seller considers it unethical. The seller may be forced to take the lower price than continue to pay the carrying costs on the property or hold it in a tumbling market.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Mar | |
| 04:00 | Fixed Asset Investment | Feb | |
| 04:00 | Industrial production | Feb | |
| 04:00 | Retail Sales | Feb | |
| 04:00 | Unemployment Rate | Feb | |
| 04:00 | NBS Press Conference | ||
| 14:15 | Housing Starts | Feb | |
| 14:30 | Consumer Price Index | Feb | |
| 14:30 | Consumer Price Index Core | Feb |
