BBC News - House prices will fall in 2011, says CEBR
Weaker household earning power will lead to a 1.7% fall in UK house prices in 2011, a research group predicts.
Higher inflation and weaker employment prospects will lead to a fragile economic recovery, the Centre for Economics and Business Research (CEBR) said.
This would push down house prices in 2011, followed by a slow-paced recovery in subsequent years, it said.
1.7% fall.
This is after about 15 years of 10% rises. p.a.
Shall I hide under the bed again?
Weaker household earning power will lead to a 1.7% fall in UK house prices in 2011, a research group predicts.
Higher inflation and weaker employment prospects will lead to a fragile economic recovery, the Centre for Economics and Business Research (CEBR) said.
This would push down house prices in 2011, followed by a slow-paced recovery in subsequent years, it said.
1.7% fall.
This is after about 15 years of 10% rises. p.a.
Shall I hide under the bed again?
Comment