House prices ‘to reduce by 25%’

Article Date : 09 September 2008

Graham Beale’s forecast for the housing market The chief executive of the Nationwide Building Society has told BBC News that he thinks house prices could fall as much as 25% from their peak. Robert Peston, BBC business editor, BBC News - 8th Sept 08 This prediction implies that 2.5 million homeowners could be pushed into negative equity. Graham Beale...

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Article provided by Landlordzone.co.uk.
Read the full article here: http://www.landlordzone.co.uk/blog/news/house-prices-to-reduce-by-25

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House prices ‘to reduce by 25%’

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