House prices will rise 4% in 2007, Hometrack predicts

Dec. 1, 2006
Average UK house prices are likely to rise by around 4% next year, according to latest research from Hometrack. The property market analyst predicts that low levels of turnover in the market, coupled with prices primarily being dictated by those already on the housing ladder, will slow growth rates. Richard Donnell, Hometrack’s, director of research, said: “We expect just 5.5% …

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