Monday, Jul 23, 2007
Ernst & Young ITEM Club forecasts lower house prices ahead
London Evening Standard: House price rises 'will grind to a halt' as interest rates bite
Peter Spencer, the ITEM Club's chief economic adviser, said: 'One thing you can be sure of is the housing boom has got to stop, and we will get whatever level of interest rates is necessary to do that. 'By the end of next year house-price inflation will be flat or negative.
Posted by papabear @ 08:19 AM (208 views) Add Comment
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