How long it would take for house prices to recover in the West Midlands after another housing market crash



A new study suggests that it could take over eight years for house prices to recover in the West Midlands if the property bubble popped with the same impact of the 2007 crash.
The latest research by leading online estate agent, eMoov.co.uk, has highlighted it could take the West Midlands property market eight years and five months to return to its current level.
This is just under a year longer than the UK average, which is estimated to be seven years and seven months.
This research suggests that the average house price would fall to £139,403 in the West Midlands - down from the current... read more

 
31 July 2017 in Regional West, Views: 40
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