Medium term outlook for UK residential prices is strong but prices will fall nest year, analysts war

[Nicholas Wallwork]

Residential property prices in the UK are set to fall in 2010 by up to 7% before recovering in*2012, according to a new report.

In 2009 London and the South East led a strong recovery for house prices during the past six to*eight months and the average growth rate could end the year at 5%, says the report from Jones Lang*La Salle.

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