Nationwide forecasts zero house price inflation

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Nationwide forecasts zero house price inflation

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11-16-2007, 06:10 PM

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Nationwide forecasts zero house price inflation

The Nationwide Building Society is predicting that annual house price inflation will fall to zero during 2008.The current annual rate stands at 9.7% but in the coming months affordability issues and tighter lending criteria are expected to continue to have a negative impact on property price inflation.In addition, forecasts of a downturn in the economy [...]

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