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The Property Market in 2011

With the economy looking not so bright and the interest rates still low we can only hope that the property market can continue to ride the wave and not loose any further value this year. There is talk that the value of property could dramatically slump, starting this year. This can be put down to the prospect of interest rates rising, the general lack of buyers, banks not lending and the unstable market creating fear for anyone that intended to buy a property.

 

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