Saturday, November 8, 2008
Ignore the headline – somebody’s been cribbing our own conclusion
"The latest forecast from Tradition Future HPI, which uses the futures market as a guide to where house prices are heading, is its grimmest to date. It predicts the average house price will fall to £114,347 by October 2011, a drop of 43% from the peak in August last year." Which is in line with the average 42% fall that we predicted in the fun online poll on this site.