Tuesday, Apr 10, 2007

The crash or at least slump is on its way.

Sunday Times on 8th April: Property experts say they see signs that soaraway house prices are heading for a fall.

London's booming at the momment. And there is an ever increasing number of £1m properties.
BUT ...
“We are now clearly at the end of the house-price boom,” says Diana Choyleva, a director. “We think there will be a correction next year. Although it is unlikely to be as severe as the last crash, 2008 could be a difficult year.”

Posted by fahrenheit451 @ 11:24 AM (138 views) Add Comment

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