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Wednesday 30 April 2008

House Price fall

I see that the Nationwide are reporting the first annual fall in house prices for 12 years. Just 1% but there are six months of increases included in that period. This is just the start, the fall will continue and increase in velocity, 30%-40% is my prediction.
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1 comment:

Anonymous said...

I suspect the falling prices will become too tempting for first-time buyers in a little while, so maybe a 20-25% drop.

2 May 2008 at 10:17

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