UK house prices predicted to fall in 2010
The Guardian – Rising unemployment, strained household incomes and a fragile economic backdrop are likely to push house prices lower in the coming year, according to the property research group Hometrack’s latest housing market outlook. The group predicts UK house prices will fall by 1% in 2010 following what it reports as “no growth” in prices over 2009. Hometrack sees a scarcity of supply being offset by a murky economic outlook. Read Article
