One thing looks to be sure this year - the housing market has further to fall. Some of the gloomiest predictions are for a further 20 percent slump before a recovery may set in.
Our own Reuters poll of 37 analysts at UK banks, published today, predicts that prices are likely to drop by about 11 percent this year and that it will take until 2010 before it gets better.
How much do you think house prices will fall in 2009?
Get up to the second updates on the Web or your mobile phone, and send us your comments and tips. Learn More
uk.reuters.com
Help |
Contact Us |
Advertise With Us |
Mobile |
Newsletters |
RSS
|
Desktop Alerts |
Interactive TV |
Labs |
Reuters in Second Life |
Site Index
Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers
International Editions: Africa | Arabic | Argentina | Brazil | Canada | Chinese Simplified | Chinese Traditional | France | Germany | India | Italy | Japan | Latin America | Mexico | Russia | Spain | United Kingdom | United States
Trackback
41 comments so far
Previous | 3 | 2 | 1 | Next
I feel we are at the bottom and showing signs of recovery. There are fewer homes for sale and lots more sold boards are appearing. With too few homes coming onto the market to satisfy current demand we are likely to see prices edge upwards towards the end of the year. I recall not 12 months ago predictions that the UK housing market would never recover - what stupidity. Now a few journalists are losing their jobs - talking the market down is slowing - great news.
- Posted by Adam