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Greenfield

Recovery in residential land values weakens

by Gill Montia.

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The rate of growth in English residential development land values slowed rapidly in the final quarter of 2010, according to Knight Frank’s Residential Development Land Index.
While Greenfield land managed a rise of 2% during the period, English urban land values fell by 1%, and in Greater London the fall was more significant, at -2.5%.
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