Housing Chiefs Say Slump to Continue ; Credit Crunch Hitting Prices

The JournalMay 31, 2008

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Summary


THE North's top housing experts have told homeowners that the credit crunch will continue to knock down house prices for at least two years.

As property prices suffer their largest drop in more than 15 years, families hoping to sell their home this year have been told the situation could get worse before it gets better.

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Housing Chiefs Say Slump to Continue ; Credit Crunch Hitting Prices

The region's top economists and planners have warned that house prices could take until 2010 to improve, but added that the long- term pl...

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