Nationwide downbeat on 2010 house prices

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Nationwide downbeat on 2010 house prices

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11-21-2009, 11:00 AM

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Nationwide downbeat on 2010 house prices

Despite reporting the sixth consecutive monthly rise in UK house prices in October, Nationwide Building Society has given a downbeat forecast for the market.In delivering half-year results, the lender’s chief executive, Graham Beale, warned: “The growth in house prices over recent months appears to be driven by lack of supply, and growth in unemployment throughout [...]

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