UBS Warburg have pointed out the sharp lift in price-earnings (PE) ratios for housing over the past few years and estimates that price adjustments may eventually be necessary to return to a "less stretched" price environment.
For housing prices to return to an average level by mid-2005, prices would need to fall by about 22 per cent (7 per cent a year). To return to a normal cyclical low point, the fall would be a staggering 43 per cent.
- Forums
- General
- property to fall 43% ????????
property to fall 43% ????????
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, CEO
James Graham
CEO
Previous Video
Next Video
SPONSORED BY The Market Online