Housing affordability barometer predicts period of price correction

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Housing affordability barometer predicts period of price correction

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10-03-2007, 01:01 PM

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Housing affordability barometer predicts period of price correction

Lombard Street Research (LSR), the independent economic forecasting consultancy, is predicting a fall in house prices across the UK, in 2008.LSR believes it has new evidence to show that the property boom has come to an end and that next year could see the first decrease in house prices in over a decade.According to the [...]

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