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Home owners sit on their hands

Property Matters

Property Matters
Home owners sit on their hands

Surveys on UK house prices invariably cannot agree on how much prices have moved either on a month-to-month basis or year on year. However, one key indicator on which they all agree is that house prices in 2016 rose from 2015. This is in sharp contrast to all the predictions which came after the referendum vote, suggesting that house prices were due for a significant downward correction; there is simply no sign of that happening.

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