Thursday, August 7, 2008

Far From

Have house prices bottomed out?

Howard Archer, chief UK and European economist at Global Insight, said it was ‘odds-on that house prices will continue to head rapidly south.' He expects prices to fall by 15percent this year, with further falls of 12 percent in 2009, to leave the average home costing 136,196 pounds.

Posted by mark @ 11:00 AM (1189 views)
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7 thoughts on “Far From

  • Agace made me laugh. Answer to question – NO!!

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  • This Reuters article has been ‘borrowed’ from Citywire and was posted on here (from memnory) a couple of days ago – more evidence of lazy journalism

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  • i must admit i can be lazy…lol

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  • good post!

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  • Eternal Sceptic says:

    From the last sentence, I expect to soon see a headline telling us the Pope is off on a pilgrimage to Mecca.

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  • japanese uncle says:

    Yes, it has been bottomed out, so don’t even think about government intervention.

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  • Things are definitely coming out and bottom is a relevant word. Should provide plenty of sustenance for gardenia’s project.

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