‘Housing market not at bottom yet’: Primelocation

Posted on December 29, 2008 · Posted in Primelocation

House prices have another 15% to fall, suggests the head of one of Britain’s largest banks and mortgage lenders. John Varley, chief executive of Barclays Bank, predicts that house prices will eventually lose about 30% of the market value of their peak from last year. They have so far fallen only half that amount.

See http://www.primelocation.com/news/housing-market-not-at-bottom-yet/