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economic recovery

Cebr: UK house prices to fall in 2011

by Gill Montia.

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A fragile economic recovery looks set to disrupt the UK housing market this year, despite affordability hitting an 8-year high.
According to the Centre for Economics and Business Research (Cebr), the value of the typical home will drop 1.7% in 2011, having gained 6.4% in 2010.
The consultancy expects “anaemic” growth in disposable incomes and higher unemployment [...]

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