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House prices set for new property boom

The Centre predicted a typical three-bedroom semi would rise from the predicted 2010 year-end price of £172,500 to £203,200 by the end of 2013 if the surge – from the beginning of this year – materialises.

Chief executive Douglas McWilliams said: “House prices will be notably higher in three years than they are today.”

Stuart Law, chief executive of Assetz, said: “These latest figures confirm that the UK housing market is well advanced on its path to recovery. Post-election we would expect to see house prices continue to firm up as a result of renewed consumer ­confidence in the market, with a Conservative majority encouraging the highest levels of growth.”

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0 thoughts on “House prices set for new property boom

  1. With such enormous price swings happening in the teeth of a major recession, what hope is there for ordinary folk wishing to buy roofs over the heads of their families? Someone or somebody needs to take control.

    Just saying these are market forces at work is simply ignoring the structural failings in the market.

    A wholesale improvement in the way houses are bought and sold is urgently needed.

    The Internet can come to the rescue of everyone on this, if people get to find out how.

    Please see our blog at: http://www.property-match.co.uk/blog/
    It explains and enables proper debate for anyone.

    With the Internet, nowadays anyone can do house valuations competently.