Middle Britain homeowners face a ‘peak-to-trough’ crash in house prices as some £40,000 is wiped off the value of their homes before the year is out Middle Britain homeowners face a 'peak-to-trough' crash in house prices over the next six months as some £40,000 is wiped off the value of their homes before the year is out, according to a new report published today... The forecast from AXA Financial Taskforce shows that property prices in Middle Britain will fall as much as 18.3 per cent by the end of the year as the economic downturn takes its toll on one of major pillars of the UK consumer economy.

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