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UK: House prices are heading up, not down, say experts

Posted on 02 August 2010

From Dailymail.co.uk: Doom-mongers who are predicting a ‘double dip’ in house prices have got it wrong.The Centre For Economics And Business Research (CEBR) said prices will increase 4 per cent this year and continue rising until 2014, mainly due to a shortage of homes in the UK and low interest rates.
Last week, there were concerns among homeowners after a report by the Nationwide Building Society revealed that property prices fell by 0.5 per cent in July - the first decline since February……………………………………….Full Article: Source

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