Economists mark 2009 for the biggest fall in house prices
If you bought a house in 2003 or afterwards there is a fair change that by 2013 it will be worth just the same or less than as you paid for it. That is the grimmest view taken by the forecasters at the economic consultant CEBR. However, looking at the most optimistic economic scenario, the CEBR forecasters think that house prices might just claw their way back to 2007 levels by early in 2013.