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House prices to double in a decade

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24/04/2006

Homeowners could continue to enjoy expanding asset wealth, with experts predicting that UK property prices will double within a decade.

 The forecast is a huge sign of confidence in the property market after almost two years of downbeat predictions regarding house prices. Christopher Hall, president of the National Association of Estate Agents, said: “I am confident the average house price will increase by up to 100% over the coming 10 years, so my advice is to continue to invest in bricks & mortar.”

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