Monday 28 January 2008

House prices 'to fall 5.5 per cent then rise again', says study

"Britain will this year experience its first annual fall in house prices since 1995, according to a new study.

The average is forecast to fall £11,000 to £188,000, according to the Centre for Economics and Business Research.

However, after this 5.5 per cent fall, it expects prices to begin climbing again in 2009..."

Read more here

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