21.01.2013 - 2014 home prices tipped to top 2007
UK house prices will surpass their pre-financial crisis peak for the first time next year, amid signs of improvements in the mortgage market, economists have predicted. By 2014, a typical house in the UK will cost 223,000 pounds, economists predict UK house prices will surpass their pre-financial crisis peak for the first time next year, amid signs of improvements in the mortgage market, economists have predicted. Average prices this year are expected to edge up to £219,000 this year, marking a 0.8% increase compared with 2012, the Centre for Economics and Business Research (CEBR) said...............................................Full Article: Source
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