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U.K. home prices seen falling for a second straight year

Posted on 07 November 2012

U.K. home prices will fall 2 percent next year, the second straight decline, as values in every region of the country decrease for the first time since the financial crisis began in 2008, Knight Frank LLP said.
The biggest drops will be in Wales and Scotland, while London properties will depreciate the least, the property broker said in a statement today. Knight Frank forecast a 1 percent increase in 2014 residential properties prices and a 2 percent gain a year later………………………………………..Full Article: Source


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