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Old 01-27-2009, 05:13 AM
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Post Hometrack reports 9.4% fall in house prices

Housing intelligence firm, Hometrack, has reported a 1% fall in UK property prices during January. The sixteenth consecutive month of decline takes the annual drop to 9.4%. The company expects values to fall a further 10% during 2009, with the decline continuing in 2010 but slowing to 3% over the year. According to the survey, the average time [...]

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