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UK: Housing market set for a chilly autumn

Posted on 29 August 2011

Alarm bells are ringing over the health of the housing market after Hometrack, the property data company, forecast steeper falls in prices this autumn – with the latest figures showing a 3.6% annual fall in August.
Hometrack’s prediction will fuel the view of bearish commentators that UK house prices are still some way from the trough, despite falls of about 10% since the credit crunch……………………………………….Full Article: Source

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