Tuesday, June 17, 2008

Economists Predict House Price falls of 20%

According to a survey of 225 members of the Society of Business Economists (SBE) 60% of their members suggested house prices will not recover their peak level (July 2007) until 2012.56% of respondents thought house prices will fall by 20% from their July peak; some believed prices could fall by 30% in nominal terms.Meanwhile the [...]

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[Source: Finance Blog]

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