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Morgan Stanley predict 10% house price falls this year

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  • Morgan Stanley predict 10% house price falls this year

    Analysts at US investment bank Morgan Stanley, predict that property prices will fall by 10% this year and 5% in 2009 and, as a result, will push more than 1 million homeowners into negative equity (where their home is worth less than their mortgage). Morgan Stanley said our base case is for a 15% fall [...]

    More: Morgan Stanley predict 10% house price falls this year

  • #2
    US or UK

    Is this for the US or the UK market?
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    • #3
      For the UK - the US market is already in a double figure fall.

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