28.05.2009 - U.K. house prices may drop 14% in 2009, JLL Forecasts
From Bloomberg: U.K. house prices may fall as much as 14 percent this year as more people lose their jobs, Jones Lang LaSalle Inc. said. Prices may decline by another 3 percent next year before starting to recover in 2011, the world’s second-largest publicly traded property broker said in an e-mailed statement today. Chicago-based Jones Lang had previously forecast a drop of up to 15 percent in 2009.......Full Article: Source
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