InvestmentsAug 1 2014

House prices set to rise

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In its latest economic outlook, which looked at UK house prices, the global accountancy firm stated that house prices will rise to 35 per cent to £330,000 by 2020, from £242,000 at the end of 2013.

The 34-page report stated: “The UK housing market has leapt back into life. Prices across all regions are accelerating, a stark contrast to the generally weak price rises experienced 12-18 months ago everywhere outside London.”