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UK homeowners face tepid house price rise in 2013

Posted on 18 December 2012

British homeowners will have to wait a long time before they recoup losses from the last few years on their properties as a weak economy and high unemployment keeps demand in check, a Reuters poll showed. London house prices, however, will continue to outperform as the capital keeps drawing strong demand from overseas investors.
The poll of 28 market watchers, taken in the past week, predicted that UK house prices would rise 0.6 percent in 2013, having dropped by the same amount this year. A 2.0 percent rise was forecast for 2014, medians showed……………………………………..Full Article: Source


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