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Time to buy bargain properties in UK passed as prices rise for fifth month, latest figures show

Discussion in 'UK Property' started by Nicholas Wallwork, Jul 20, 2009.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    [​IMG]The window of opportunity for property investors to snap up bargains in the UK residential real estate market has passed, it is claimed.* * The average price of property has risen five times this year, giving a clear sign that prices will be stable for the rest of 2009, according to property website Rightmove.

    The group’s July figures show that the average price rose 0.6% to £227,864 after falling 0.4% in June. Asking prices have now risen by 6.7% since the beginning of 2009, the group says, adding*there has been*a 20% increase in sellers coming to market compared to the previous year-to-date average.



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