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Thursday, March 29, 2012

UK: "House prices fall as stamp duty holiday ends"

From The Telegraph

"Prices fell year-on-year by 0.9pc in March, the first annual drop in six months, to reach £162,712 on average, according to the Nationwide report.

It predicted that prices will head sideways or downwards over the coming year as the weak economy acts as a continuing "drag."

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