Saturday, March 7, 2009

The usual VI cobblers tempered with a dose of realism from Ed Stansfield.

So when will house prices hit the bottom?

House prices still have further to fall but the recovery, when it comes, could be sharper and swifter than people expect, according to property "experts". The Money section invited a panel of economists and estate agents to our offices to discuss the outlook for house prices at a crossroads: while mortgage lending and house prices continue to fall, cash-rich investors are tentatively returning to the market in the hope that the trough is in sight.

Posted by will @ 03:30 PM (437 views)
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