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New figures show house prices rising for the next 5 years


11-26-2015

 

House prices are set to rise by 4% every year for the next five years.

House prices are set to rise by 4% every year for the next five years. Credit: ITV West Country

New figures suggest house prices across the West are rising out of reach of local people.

The Royal Chartered Institute of Surveyors is predicting a 4% increase in house prices across the South West every year for the next five years - attributed to a lack of new homes.

www.itv.com

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