Financial Times FT.com

Britons expect house prices to drop

By Daniel Thomas and Chris Giles

Published: July 20 2008 20:17 | Last updated: July 20 2008 20:17

Homeowners in Britain are more convinced that property prices will fall in the coming year than households in the US and other large European economies.

Even though values have fallen much further and for longer in the US, and Spain’s housing market is very weak, fewer homeowners there think prices will be lower in a year’s time than today, according to a poll conducted for the FT by HarrisInteractive.

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