Economists expect house prices to bottom out in 2009

June 17, 2008
A poll of economists from banks, building societies and other industry players found that 44% expected the housing market to bottom out in 2009, with a further 38% expecting the decline to hit its lowest point in 2010. The survey undertaken by the Society of Business Economists for ITV1’s Tonight programme, questioned 225 economists on the prospects for the market …

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