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| Nationwide chief forecasts 25% fall in house prices |
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The chief executive of Nationwide Building Society, Graham Beale, is predicting that house prices will continue to fall during 2008/09 and possibly into 2010.
Mr Beale is expecting a peak to trough decline of 25%, after which improved affordability ratios will encourage first-time buyers back into the market.
Posted originally: 2008-11-10 11:42:04 |
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