UK property adviser King Sturge has warned that commercial capital values in the UK could fall a further 7% or more in 2008 before stabilising in the second quarter of the year. In its 'UK Property Predictions for 2008' report the real estate consultant said there is a 50% chance that the property market will drop by over 20% in the country from its peak in mid 2007 to mid 2008. 'The faster capital values fall the quicker the market will return to normal', King Sturge said.
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