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UK: House prices record biggest fall in three years

Posted on 29 June 2012

House prices have fallen 1.5pc in the year to June – the worst annual fall in nearly three years, according to Nationwide, with experts warning the housing market recovery is “weak” and prices are not expected to increase in the next 12 months.
The worse-than-expected figures were blamed on the poor economic backdrop and the end of the stamp duty holiday for first-time buyers………………………………………..Full Article: Source


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