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Economists predict 2011 UK house price falls

by Gill Montia.

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UK house prices will continue to fall during 2011, according to a poll of economists undertaken by the Financial Times.
Fifty of the 56 economists questioned by the newspaper expect prices to continue the slippage seen since summer 2010, as market fundamentals remain weak.
However, no parallels are drawn with the 20% peak-to-trough fall seen between 2007 [...]

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