Wednesday, September 10, 2008
Cantor Spreadfair, the housing spread betting firm latest
Cantor Spreadfair, the housing spread betting firm which allows investors to bet on the Halifax House Price Index, is predicting house prices will fall 19% by 2010. It predicts the average UK and Greater London house price will be £141,500 in December 2010, a 19% drop on the current £174,178 average on the Halifax index. This represents a drop in value of approximately £33,000 over the next 27 months.