Financial Times FT.com

House prices slide as economy dives

By Elaine Moore

Published: January 2 2009 17:01 | Last updated: January 2 2009 17:01

House prices are expected to remain in the doldrums throughout 2009, and a recovery could be another few years away, according to mortgage brokers, lenders and estate agents.

Experts have been noticeably more coy than usual about predicting how house prices will move over the next year, claiming that the range of factors affecting property values is so large that it is difficult to forecast what effect each will have.

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