House Prices to Fall Warns the Governor
Summary
HOUSE prices are set to fall over the next two years, homeowners were told by the Governor of the Bank of England in an unprecedented warning yesterday.
It is the first time Mervyn King and the normally cautious Bank have predicted a tumble in property prices.See the full content of this document
Extract
House Prices to Fall Warns the Governor
Up until now, homebuyers have only been warned that home values did not always rise.
They were told that the rate of increase in prices was bound to slow f...See the full content of this document