11.08.2010 - U.K. Home prices to fall after ‘sucker’s rally,’ Savills says

From Bloomberg: The gain in U.K. home prices during the first half will prove to be a “sucker’s rally” as an increase in properties for sale causes values to fall this year and next, Savills Plc said. The market probably won’t recover until 2012, the London- based property broker said in a report today, a year later than it predicted in November. Prices will drop 2.5 percent this year and 1 percent in 2011, Savills said..............................................Full Article: Source

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