Saturday 26 November 2011

London will drive 2012 property prices hike - FTAdviser.com

London will drive 2012 property prices hike - FTAdviser.com

Assetz has cut its property price growth forecast, claiming property prices wil increase by 2 per cent this year instead of its original 5 per cent forecast.

This was larger put down to the “faster than expected” public sector job losses and the eurozone crisis.

The property investment firm claimed 2012’s property market would continue in a “similar vein” to this year, with relatively flat house prices buoyed by a strong performance in key locations, particularly London and commuter hotspots in the south east.

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