House prices fall 60pc below peak for foreign buyers because of sterling’s stealthy devaluation

| August 28, 2012 | 0 Comments

House prices are 60pc cheaper than they were at the peak of the housing market for some foreign buyers today because of the stealthy devaluation of sterling since 2007, according calculations by one of the longest-established firms of international chartered surveyors. Massive discounts created by the weaker pound helped boost an influx of foreign buyers […]

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