29.07.2010 - The forecast for UK house prices is very depressing
From Financialadvice.co.uk: While the National Institute of Economic Research has today issued a report regarding the UK property sector, with a forecast that house prices will fall by 8% in real terms by 2015, this is not the worst forecast currently in the marketplace! A report by Capital Economics today forecasts that the UK property market could fall by up to 25% over the next two years wiping off almost £42,000 from the value of the average home in the UK..............................................Full Article: Source
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