Friday, March 28, 2008
Soon, very soon we will be over the edge….
''...House prices fell for a fifth consecutive month in March, taking the annual rate of growth to its lowest in twelve years, a survey showed on Friday. The Nationwide Building Society said house prices fell 0.6 per cent this month, taking annual price inflation to 1.1 per cent - the weakest since March 1996. The lender, which forecast last November that house prices would remain flat over the course of 2008, is now expecting prices to fall modestly during the year...''