Friday, Oct 30, 2009

Housepricecrash predictions page needs updating

Ukpropertyshop: Upturn in housing market sentiment but prices to fall back in 2010 by 7%

Jones Lang LaSalle predicts this market revival is likely to be unsustainable and a fall in prices of -7% on average is likely during 2010.

Posted by cynicalsoothsayer @ 04:19 PM (1019 views)
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1. cynicalsoothsayer said...

Here's the original press release, apologies if already posted to the newsblog:

Friday, October 30, 2009 04:30PM Report Comment

2. icarus said...

Much informed opinion in the US makes similar projections for its housing market. One report calculates that US house prices are 5% higher than they would have been without massive Fed and fiscal stimuli and that next year (1) these will be phased out, (2) the millions of foreclosures currently stuck in the pipeline will come gushing out and (3) house prices will drop another 10% or so.

Friday, October 30, 2009 06:27PM Report Comment

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