'A correction or crash has been inevitable for some time and now even estate agents are reporting that house prices will remain muted for a decade or more.' Money and Business editor jessiehewitson gives her view on the state of the property market.
Property values declined by 3.8% on average annually in July, marking the weakest reading since July 2009, the Nationwide Building Society said
Type “will there be a property market crash” into Google and you will find there are over 660 million results. And the answer for most of these results has been “no”…. until now. The shortage of homes in Britain, coupled with very low interest rates and the willingness to commit ever bigger chunks of our salary for an increasing number of years has meant prices have kept going up. But this has all changed with