Sunday 1 August 2010

House Prices To Rise 4%

News that the Centre for Economic and Business Research (CEBR) is predicting that house prices will rise by 4% during 2010 and will continue to rise until the end of 2014. They say that this will happen because of a fundamental shortage of housing.

This is fantastic news but when I looked the story up on the internet it was still surrounded by stories predicting a house price crash. Still hopefully it is a move in the right direction, perhaps other researchers will follow suit eventually.

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