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Knight Frank releases predictions for housing-market in 2012

Posted on 11 January 2012

Real estate company Knight Frank has released its predictions for the UK and global housing markets in 2012. There will be regional differences in house-price performance in the UK with the South East and London expected to do better than the North East.

The Knight Frank research team expects prime country-house prices in the UK, which fell by 1.7 per cent in the year to September, to decrease by 2.8 per cent in 2012. In prime locations in Central London prices have risen by more than 12 per cent in the past year alone, and Knight Frank expects rises of 5 per cent during 2012, with cumulative growth of 24 per cent by the end of 2016…………………………………….Full Article: Source


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