Monday, September 14, 2009
”They think it’s all over…….”
''House prices will fall early next year and are unlikely to climb back to their 2007 peak for another five years, it is claimed today. Recent evidence of house price rises are no more than a 'false dawn', according to a leading group of economists. Property prices have already fallen by about 20 per cent compared with the peak in the summer of two years ago and many other economists have said they believe the bust is now over.''