23.12.2011 - UK house prices seen stable in 2012, repossessions could rise
The U.K. housing market is expected to be little changed over the course of 2012 compared with this year's performance, as a broad mix of developments should serve to see prices, transactions and repossessions remain relatively stable. But economists said that if there is to be a surprise, it is likely to be an unpleasant one, with repossessions rising sharply if unemployment increases more than expected and if funding conditions for banks get stricter...............................................Full Article: Source
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