June 23, 2008

Property prices coming down?

Magicbricks Moderator says: A recent report by a property consultancy indicates that the property market is witnessing a ‘correction’ and the prices will face 'stagnation'. In simple words, it means that the prices for land and flats are coming down owing to economic factors.

Do you agree with these claims? Do you feel that the property prices will come down any soon? Have you bought a house recently? What has your experience been?

Share your opinion with us. Please send you feedback in the ‘comments’ section.

2 comments:

  1. Anonymous28/6/08

    property prices are coming down for sure. The bank loan rates have been hiked. Who will buy property now

    ReplyDelete
  2. Anonymous3/7/08

    Prices will come down still. Wait for more time
    - Mitesh

    ReplyDelete