Monday, June 27, 2011

A bit of bear food: Houses now -30% off peak.

A little-noticed milestone: This week, house prices will have fallen over 30 per cent in real terms

"Unless something odd happens, this week is likely to see an interesting but under-announced milestone: falls in house prices, in real terms, from their 2007 peak, exceeding 30 per cent (on the well-known Halifax measure)."

Posted by jonathan @ 08:27 PM (663 views)
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