House Prices Will Still Fall Dispite Recent Increases
House prices over the last few months have been enjoying a steady rise but this is going to be short lived and they will soon drop again.
The predictions said that the house market would fall by 30 per cent from October 2007 boom and they still say that house prices even though have gone up slightly still have around 17 per cent left to fall.
With unemployment rising and is set to continue till 2011 and with peoples wages not rising and the poor availability of credit will only bring down house prices, as the recent lack of cash rich buyers and not a great supply will only add to the downturn.
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