House prices ‘to fall further’: Primelocation

House prices could fall by a quarter from current values if predictions from the Centre for Economics and Business Research prove correct. Respected analysts CEBR expect prices to fall 32% from their 2007 levels by the first quarter of next year - providing the Government’s rescue schemes for the banks work. If they fail, house prices will drop 40% from their peak, say the economists.

For full story go to: http://www.primelocation.com/news/house-prices-to-fall-further-25/

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