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UK: House price divide between north and south to widen, says thinktank

Posted on 05 June 2012

Forecast says value of properties in London will increase by 2.4% this year, while those in north-east drop by 2.7%. The UK will suffer a sharp widening in the north-south house price divide this year as increases in the value of London properties continue to outpace the rest of the country.
According to the forecast by the Centre for Economics and Business Research (CEBR), house prices in the capital will rise by 2.4% this year, as those in the north-east drop by 2.7%. The trend will continue into next year, the thinktank added, when London prices will rise by 2.3% as those in the north-east fall by 1.3%………………………………………..Full Article: Source


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