Tuesday 22 January 2008

West Country house prices withstand property slump

"A housing survey carried out by the Halifax Estate Agency has revealed that homeowners in the West Country are defying predictions of a property slump as prices have not suffered such a considerable decline as the remainder of the country.

The report established that prices in the South West fell by just 0.4% in the final quarter of 2007, compared with 0.8% for the remainder of the UK. Furthermore, the Halifax indicates that this area is well set to navigate a period of market uncertainty..."

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