Monday, September 17, 2007

House price growth ‘to halve over next year’

House price growth 'to halve over next year'

The housing market is likely to be one of the main casualties of the credit-crunch that has seen Northern Rock fall into difficulties.

Posted by no room at the inn @ 12:40 AM (654 views)
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3 thoughts on “House price growth ‘to halve over next year’

  • Are they still talking about GROWTH ?

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  • Oh right! So not an actual fall then??? I think the Telegraph needs to get with the programme in as much as most people are now talikg about a CRASH, not a reduction in growth.
    The mood among economists and the public in general has changed very rapidly concerning what is likely to happen to the housing market.

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  • crash bandicoot says:

    This is the emperor’s clothes scenario. It has been obvious for the last few years that the market was overblow – it’s just that nobody could see it. Now full 20-20 has been restored.

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