The latest decline in the Halifax house price index underlines that the pressures weighing on prices are still very much with us. If, as we expect, these pressures build this year – for example, if unemployment rises sharply – then significant house price falls could well characterise 2011.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services