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How property prices are falling

Posted on 16 December 2010

From Telegraph: House prices are expected to fall next year amid a backdrop of widely predicted rising interest rates and tighter mortgage lending. Here’s a summary of the latest data – although figures are not directly comparable as it is taken from different months.
Martin Ellis, housing economist at Halifax, said: Higher numbers of properties for sale, combined with reduced demand, have caused the recent decrease in prices……………………………………….Full Article: Source

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