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Old 03-12-2009, 04:01 PM
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Post House prices could fall a further 55%

Numis Securities, the investment banking and institutional stockbroking firm, has predicted the worst outcome yet for the UK property market. Analysts at the firm suggest that house prices could slump by a further 55% as Britian faces a deep recession that could extend throughout 2010. Already 21% below their 2007 peak, Numis estimates that UK property prices [...]

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