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Telegraph Reports Imf Warning Of Fall In House Prices

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Couldn't see this in the Blog so thought it was worth reporting as it's on the front page of the telegraph business news.

See here: http://www.telegraph.co.uk/money/main.jhtm.../20/ixcity.html

The biggest risk facing the UK economy is still a potential house price fall, the IMF said in its World Economic Outlook. It warned that although the property market has cooled in the past 18 months, prices are still "richly valued" - a hint that they may have further to fall.

The message will come as a disappointment for many who had assumed that the risks associated with falling house prices had now been dispelled following a series of interest rate rises.

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Good to know the IMF are still reading the site.

:lol:

'they (house prices) may have further to fall.

If the IMF acknowledge the falls then why don't the govt. and mainstream media?

Why indeed.

Edited by music man

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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