Figures hint at a return of confidence

April 29, 2005
A leap in house prices has prompted hopes that the market is past the worst. Figures from Nationwide show that the average home rose 0.9%, or £2,250, to £156,128 last month. But the annual rate of house price inflation fell from 7.9 to7.0%. Its weakest since April 2001. Economists expect house price inflation to continue to drop but argue that …

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