Wednesday, Apr 15, 2009
Futures show 18% falls expected over next 12 months
Tradition: Sharp Rise in Forward House Prices
Our indices still show future house price values below the current index level for a decade to come and with rising unemployment and poor mortgage availbility, it is still too soon to call the bottom of the physical housing market. But look… future house price expectations HAVE risen and maybe more importantly sentiment HAS moved. The City may be sending a signal that the over-pessimistic phase of the cycle has passed.
Posted by mark ainsworth @ 10:29 PM (186 views) Add Comment
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