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Graham Beale, the chief executive of the Nationwide Building Society, has predicted that house prices could fall as much as 25% from their peak, and he does not expect to see signs of recovery in the housing market until 2010. The head of the UK’s biggest building society has warned that as many as 2.5 [...]
More: House prices could fall by 25% |
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In South Africa they are estimating 40%, 25% would be good
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