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Britain faces slowest housing market recovery on record with some property prices

Posted on 07 January 2013

Property prices could take another eight years to recover from the recession and regain their 2007 value, according to forecasts by an estate agent. Homeowners in Wales, North Yorkshire and the North West will wait the longest to see the value of their property return to pre-recession value according to Knight Frank.
In Wales, prices won’t return to their average peak of £154,696 until 2021 with the current market value more than £20,000 down to less than £132,000………………………………………..Full Article: Source


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