House Price Crash News Archive

Please use the links below to view the best property news articles of the recent past, to see how the house price crash started and to see the impact on global house prices...

2009

January

2008

December
November   - US government rescues Citigroup after shares plummet 60% in preceding week
October       - Central banks around the world cut rates in a coordinated effort to aid world economy
September - Fed rescues Fannie Mae, Freddie Mac & AIG. Merrill, Lehman, WaMu collapse
August
July               - Indymac Bank placed into receivership, fourth largest bank failure in US history
June
May
April
March           - Bear Stearns acquired for $2 a share by JPMorgan Chase to avoid bankruptcy
February
January       - Bank of America announced it would buy ailing mortgage giant Countrywide for $4bil

2007

December
November
October
September - Bank run on Northern Rock
August         - American Home Mortgage filed for bankruptcy, bank run on Counttywide Bank
July               - WhichWayHome starts, sees collapse of two Bear Stearns funds as catalyst for crisis