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Eurozone crisis widens UK housing divide, CEBR says

Posted on 06 June 2012

The escalation of the eurozone crisis will widen the gap between a stronger British housing market in the south and a weaker market in the north, a think-tank has warned.
The Centre for Economics and Business Research predicted that while house prices would rise 2pc in the South East this year, and 2.4pc in London, prices would fall 2.7pc in the North East and 2.2pc in Scotland. Overall it expected prices to rise by 1pc in the UK, following a 1.5pc fall in 2011………………………………………..Full Article: Source


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