Wednesday, July 2, 2008

Real prices down 10% in 8 months!

Worst house price fall since early 90s

Not much new here, but this bit is good: Holger Schmieding, economist at Bank of America, said: "Adjusted for the rise in consumer prices, house prices have now fallen 10.3 per cent in real terms in a mere eight months."

Posted by mark wadsworth @ 09:51 AM (431 views)
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