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Posts Tagged ‘Andrew Clare’

Housing slump could be over next year, MPs hear

Posted in Property News, tagged , , on October 29, 2008 | Leave a Comment »

The housing market slump could be over as soon as next year if the cost of home loans falls by a further half-point, a leading housing market expert told MPs yesterday. David Miles, chief UK economist at Morgan Stanley, said that if mortgage rates stayed at present levels, house prices would fall by another 5 [...]

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Property market recovery expected by 2023

Posted in Property News, tagged , on October 16, 2008 | Leave a Comment »

According to Andrew Clare, professor of asset management at London’s Cass business school, property prices will slump even further than current levels before bouncing back, reports the Guardian. By 2010, Mr Clare predicts house prices will be 40 per cent lower than they were at their peak during the summer of 2007 – when an [...]

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