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Barclays warns that house prices could fall by further 15%

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  • Barclays warns that house prices could fall by further 15%

    The chief executive of Barclays has warned that house prices are likely to fall a further 10% to 15% next year. Barclays had expected property prices to drop by about 25% to 30% between 2007 and the end of 2009, and the UK is only halfway through the property price slump. During an interview, John Varley [...]

    More: Barclays warns that house prices could fall by further 15%

  • #2
    This is only the beginning, remember the last crash!! - 7 years of falling prices
    Worldwide Financial Planning is a specialist independent provider of Large mortgages.

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    • #3
      Ouch - especially as the US market is predicting as much as a 40% fall!

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