Doing a Quo*

Of 56 economists polled by the Financial Times, 50 said they expected house prices to continue falling next year, compared to just six who thought they would rise.  Prices are estimated to plunge by 5 to 10% in 2011.  From their peak in 2007, British property prices plummeted by 20% to a trough in 2009 but have subsequently recovered around half that figure.


*As in Down, Down...