House price recovery driven by shortage of homes

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House price recovery driven by shortage of homes

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08-06-2008, 12:28 AM

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House price recovery driven by shortage of homes

The Centre for Economic and Business Research (CEBR) is predicting that house prices will begin a rapid recovery at the end of next year, rising by 30% by 2012.Research undertaken for CEBR by Oxford Economics indicates that a shortage of homes will be the main driver behind a return to property price inflation.In its consumer [...]

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