| 29.10.2008 - House prices will take years to recover from slump |
| From Building.co.uk: House prices will not reach the 2007 levels at which they peaked, until 2013, the Centre for Economics and Business Research (CEBR) has announced. The centre has predicted that prices will continue to fall, reaching their lowest in 2009, and decreasing in value by 25%, resulting in 2.5m homeowners facing negative equity..... Full Article: Source |