Experian has published a report in which it predicts that property prices will fall across half of the UK over the next 18 months. The credit reference agency has based its findings on the expected outcomes of the worldwide credit squeeze and a loss of confidence in the UK property market. Buyers, and particularly first-time buyers, are [...]
Re: Experian forecasts widespread house price falls
Ouch - now that does make for interesting news, not least because of the detailed breakdown by region instead of the generics. We've actually seen deflation in the East Midlands already, so I guess Experian are simply extrapolating that.