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Three cheers for falling property prices (FT.com via Yahoo! News)

Story date: 2008-01-10 12:30:20
Added on: 2008-01-10 01:32:27


Worryingly, UK house prices rose by 1.3 per cent during December, according to the Halifax. There is a real danger the residential property market is on the turn. Improvements in October and November, when prices fell 0.7 per cent and 1.3 per cent, are being reversed. We can only pray that the downward trend will resume this month, fulfilling optimists' forecasts of a 10-15 per cent slump in ...


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