Archive for October 15th, 2009
Fitch Sees British House Prices Set to Plunge.
Thursday, October 15th, 2009Fitch, the credit ratings agency sees the stabilization of British House prices as a false dawn. The Agency predicts house prices will drop at least 30 % from the 2007 highs. So far prices have dropped just 13%.
The Agency’s report focuses on the debts of British house builders’ debts of over $11 Billion that mature […]