03.10.2012 - UK house prices predicted to be flat for a year
House prices will stay flat or drop slightly over the next year despite a gradual recovery in the UK economy, a lender has predicted. The Nationwide has suggested that the Bank of England's new Funding for Lending scheme, aimed at boosting credit, could support the market. Prices fell by 1.4% in the year to the end of September, the Nationwide said. A 0.4% drop compared to August left the average UK home valued at 163,964, the lender said...............................................Full Article: Source
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