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31 March 2008

House prices are falling.
Home owners could see 25 per cent wiped off the value of their properties within two years, a leading economist has warned...
The prediction came as a property market survey found house prices were falling in more than a quarter of the post codes in the country...
It is the sixth month in a row that house prices have fallen and they are now falling in 28.8 per cent of all postcodes across the country. (The Telegraph)
On an entirely selfish note, all I can say is: Perfect! 2010 is about when I am planning to enter the housing market, so the more house prices, all the better for me.

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