Wednesday 28 December 2011

BBC News - House prices: Will they fall or rise in 2012?

BBC News - House prices: Will they fall or rise in 2012?

The UK property market is likely to be even more depressed in 2012 than it was in 2011.

Commentators and analysts expect sales to stay low - perhaps even lower than they have been in the past year.

And prices are expected by most observers to fall a little - though some predict larger drops of up to 10% in the coming 12 months.

But a new threat has emerged that could really upset the apple cart - the possibility that a partial or even complete collapse of the euro leads to a new all-singing, all-dancing banking crisis.

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