Savills predicts 6% fall in property market over next two years

April 29, 2008
The property market will experience total falls of 6% over the next two years, Savills Research has predicted in a revised forecast. Savills forecasted a -4% fall in mainstream markets this year followed by a further -2% fall in 2009, but this was dependent upon the Bank of England doing all it could to halt the credit crunch. The prediction …

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