Thursday, Feb 26, 2009
Average property lost 21% from Peak
Telegraph: House prices fall to 2004 levels says Nationwide
Seema Shah, property economist at Capital Economics, said: The sharp drop in prices in February dispels any hopes that the housing market has moved into 2009 on a stronger footing. Indeed, if the average rate of decline seen in the first two months of the year persists, house prices will be more than 30 per cent below their peak by December."
Posted by kathryn layard @ 07:47 PM (127 views) Add Comment
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