December 10, 2008
Save the housing market
Story link: Save the housing market
A few months ago it was a case of when will the housing market return to its original state, and continue growing, now it seems to be a question if if, with many investors backing out for the time being, only helping to cause the the decline in the housing market.
This housing market crash is getting worse, but is there anything that can be done to help it?
First, let’s have a quick look at how bad things are right now: figures from Halifax show, in November alone, prices fell by 2.6%, taking the annual decline to around 16%. That’s the biggest drop the index has ever recorded.