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House prices: the downturn is still accelerating

Article en anglais


Par English Editor Rédigé le 02/03/2009 (dernière modification le 02/03/2009)

It was a dismal year for house prices, according to publicly-available house-price time-series for the year 2008. Most worrying is that the downturn is still accelerating.
The collapse of the world’s housing markets in 2008 can be seen from three points of view, and unfortunately, all of them reinforce the bad news.









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