Financial Times FT.com

Housing market unlikely to pick up this year

By Chris Giles

Published: January 1 2009 22:01 | Last updated: January 1 2009 22:01

More than six in 10 economists believe 2009 will be a year in which to avoid buying property, with prices falling into 2010.

This still leaves a significant minority who think that prices will be close to their nadir towards the end of this year as the recession and credit constraints ease.

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