UK house prices to come down next year says Jones Lang Lasalle
Submitted by marc on Tue, 01/12/2009 - 17:20.
Jones Lang Lasalle stated in their UK Residential report published yesterday that prices will close in 2009 at 0% growth while next year they will come down down again.
They explained that the market will not recover until 2012. Only in 2014 will the market grow again with London and southern regions picking up first.
The is very bad news for UK house holders who have suffered severely during the recession and the financial crisis.
Source(s):
Jones Lang Lasalle