http://news.bbc.co.uk/1/hi/business/7049930.stm
The IMF says there is evidence to suggest that the UK and a number of other European nations are also vulnerable to a price correction.
Its points to the fact that UK house prices have risen far higher than incomes over recent years.
But, it adds, a lack of supply could continue to hold up UK prices.
The Department of Communities and Local Government said earlier this week that the annual inflation rate for property fell from 12.4% to 11.4% in the year to August.
Newsflash - It might be very cold tomorrow, but then again, it will probably be okay.
Experts eh?
The IMF says there is evidence to suggest that the UK and a number of other European nations are also vulnerable to a price correction.
Its points to the fact that UK house prices have risen far higher than incomes over recent years.
But, it adds, a lack of supply could continue to hold up UK prices.
The Department of Communities and Local Government said earlier this week that the annual inflation rate for property fell from 12.4% to 11.4% in the year to August.
Newsflash - It might be very cold tomorrow, but then again, it will probably be okay.
Experts eh?
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