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Tag: house price crash

Deeper and down for US house prices

Deeper and down for US house prices

As we consider, or for that matter dismiss the possibility of a house price crash in the UK it is perhaps worth taking a look at the shape of things in the US. The most respected figures for house prices come from the S&P/Case Shiller index and this shows prices down 12.5 per cent from their peak in July 2006.