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House prices to fall further 25% this year without lending boost

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  • House prices to fall further 25% this year without lending boost

    The Centre for Economics and Business Research (CEBR) has warned that unless the Government intervenes to boost mortgage lending, property prices could fall a further 25% this year.This would mean a peak-to-trough fall of around 40% from their peak in late 2007.According to the CEBR, the crisis in the housing market lay at the heart [...]

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