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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