Blasts from the past
Language: English Series: Property Week ; 73(29) 18 July 2008, 64(1)Publication details: 2008Subject(s): Summary: Discusses changes to residential property values as a result of the current credit crisis and suggests that looking to historical market data to predict future change may not be particularly effective at the present time, as this credit crisis differs significantly from previous ones. Statistical data indicates that house prices will continue to fall significantly into 2009, but that values will hopefully start to rise again in 2010, with prime residential markets that were quickest to drop in value at the start of the credit crunch recovering faster and continuing to outgrow mainstream housing markets.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L144472 (Browse shelf(Opens below)) | 1 | Available | 144472-1001 |
Discusses changes to residential property values as a result of the current credit crisis and suggests that looking to historical market data to predict future change may not be particularly effective at the present time, as this credit crisis differs significantly from previous ones. Statistical data indicates that house prices will continue to fall significantly into 2009, but that values will hopefully start to rise again in 2010, with prime residential markets that were quickest to drop in value at the start of the credit crunch recovering faster and continuing to outgrow mainstream housing markets.