Housing Slump Is Unlikely, Says Report

Summary


The possibility of a major housing price crash in the UK is 'remote', a report claims today, despite the mounting evidence of a slow-down.

Recent suggestions of a 20 per cent or even 40 per cent fall in prices were dismissed by Ernst and Young's Item Club, which forecast a soft landing for the housing market.

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Housing Slump Is Unlikely, Says Report

The findings were backed up by those of a separate survey from Rightmove showing...

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