UK Property Market Trends Analysis

The average price of a home in the UK has risen by nearly 400% of the last 20 years. Back in 1987, the average price of a home was under 50, 000; twenty years later in 2007, the average price has pushed just over 200, 000. That can be a frightening prospect for any potential buyer, but for a young couple that are considering purchasing their first home. It may be an incredibly daunting prospect to consider being involved in such a large transaction. Last year the number of people who owned their own home in Britain went down by 84, 000. This was caused mostly by increased UK home prices that have risen at an alarming rate since the new century began. ...

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