A government report has indicated that in 2009 property prices in the UK increase by 2.9 percent. The data comes from the most recent government house price survey. (more…)
Posts Tagged ‘house price’
Government reports on house price increases last year
Tuesday, March 2nd, 2010
Industry expert predicts 20% fall in house prices over two years
Saturday, March 29th, 2008A financial industry expert, who also worked as an advisor to the government, has predicted that house prices in the UK could plummet by 20% over the next couple of years, providing a gloomy outlook for homeowners. The average property price could plummet from £200,000 to just £160,000 if the predictions of Professor David Miles are correct, and homeowner that have recently purchased properties and paid the current high prices could soon find that their properties are worth far less than they paid for them. (more…)