Liquid error: wrong number of arguments (2 for 1) Peter Rollings commenting on today's house price figures from Nationwide | Marsh & Parsons Sales and Lettings Estate Agents London

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Peter Rollings commenting on today's house price figures from Nationwide

Thu 30 Jul 2009

"House prices have rebounded faster than anyone expected, owing to the chronically short levels of supply on the market. Its a classic case of supply and demand forces at work. But, the threat of unemployment will not go away and as the shortage of supply begins to ease in the autumn, house prices will return to a more modest rate of growth for the remainder of the year. However, the historically low level of new properties being built is an accident waiting to happen."

For further information please contact:

The Wriglesworth Consultancy, James Staunton / Tom Urpeth, 0207 427 1400

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