Monday, Apr 28, 2008
House prices could fall 25%, warns Savills
Yahoo: House prices could fall 25%, warns Savills
Estate agent Savills said the worst case scenario would see prices slump 10% in 2008 and another 15% in 2009, although the "super prime" market will avoid a sharp drop.
Posted by mark @ 02:07 PM (552 views) Add Comment
4 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. renting2 said...
If by 'super-prime' they mean big and expensive, the why is Nationwide now limiting loans to max £500,000 as of 1st may.
2. mark said...
super-prime is usually cash or specialist banks, assume they are talking 10 million quid upwards
3. last_days_of_disco said...
"Super prime" will drop along with everyone else. Please, who do they think they are? It ridiculous to contend that they are the only ones in a one way
system. If their prices went up with the rest, they will drop with the rest. Its just plain old denial. Silly people.
4. magnifico said...
The "Super-prime" market was propped up by bankers on big bonuses ( this coming year you will struggle to keep your job in the banking sector) and Non- Domicile, not to mention those who took million + mortgages to gamble on the Chelsea golden-eggs goose.
In Confused 76 own wise words... Mwahahhahhaaaaa.