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Homes on the brink: in the wake of dire warning on house market, fresh data shows prices slipping
9 July 2017
House price data has so far suggested a softening in the market rather than a crash. However, The Mail on Sunday last weekend reported that Britain could be on the brink of a major 1990s-style house price collapse, according to an academic at the London School of Economics. Professor Paul Cheshire, who has advised the Government on housing policy, said: 'We are due a significant correction in house prices. I think we are beginning to see signs that correction may be starting.