| From Telegraph: After another fall in house prices, buyers and sellers are wondering whether the slump will last for weeks, months or years. Six experts give their views. House prices fell at an annual rate of over 12 per cent in August, the latest figures from Nationwide Building Society show.
They fell by 1.7 per cent compared with July. The revelation that the average house price has fallen for the 11th consecutive month is not a surprise. The ramifications of a slowing economy and the banking crisis have been filtering through to the housing market for a year now..... Full Article: Source
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