Wage inflation moves ahead of house price increases

June 20, 2005
House price inflation has fallen below wage increases for the first time this decade and the market could, warns property website Rightmove.co.uk, remain in a slump for up to seven years. The website's latest monthly survey shows asking prices have risen by 0.2% on the previous month leaving them 2.4% higher than a year earlier but down from 4.9% in …

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