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What’s happening with the UK property market?

Posted on 02 April 2013

U.K. property analysts are scratching their heads and rethinking forecasts after a year of flat prices and the introduction of new government measures designed to spur sales. Nationwide chief economist Robert Gardner, who oversees the Nationwide House Index, describes the market as “unusually uncertain.”
Outside of London, where prices continue to soar, the U.K. housing market is still wallowing in post-recession malaise. There is little demand, few new housing developments and both buyers and sellers are wary of another European catastrophe around the corner………………………………………..Full Article: Source


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