While the average property price fell 1.2% in December, the National Association of Estate Agents (NAEA) says the average house would now set Brits back £203,506.
Amid the reported cool in the market, NAEA says property prices ended the year 6.4% higher than in 2003. Surveying 10,000 members of the NAEA revealed that almost 80% of estate agents expect their business turnover to remain the same or increase by the end of this year, with 55% expecting a pick up from January, while 44% believe that April will see an upturn in productivity. As healthy as this may sound, this still leaves many agents with either a flat business or many who may not feel so confident about the housing market for 2005. NAEA says as expected for the time of year, the...
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