House Price False Dawn Alert ; the World in Brief [Edition 1r0001]

Summary


RECENT increases in house prices are a "false dawn" and property values will not return to their 2007 peak for at least another five years, research claimed today.

There has been a run of positive data on the housing market during the past few months, with most major house price indexes showing price rises, while mortgage lending for house purchase has also picked up.

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Extract


House Price False Dawn Alert ; the World in Brief [Edition 1r0001]

But the Erns...

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