Thursday, Jul 24, 2008
US house price crash already half finished?
Reuters: It won't end until housing bits bottom
"If prices were to moderate back to where they were relative to income in the mid and late 1990s, the S&P/Case-Shiller 20 City index would have to decline 35.1 percent in total compared with its 17.5 percent fall thus far."
Posted by mark wadsworth @ 01:52 PM (252 views) Add Comment
1 Comment
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1. paul said...
As John Ford(?) from Foxtons says in today's Standard, the time to buy property will be when every stops talking about property prices.
I agree.