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We've had positive signs, we've had green shoots, we've had a rise in mortgage approvals and we've had an influx of first time buyers - but now we've got something new and very, very optimistic - with the annual rate of growth for UK prices predicted to be 17.3 per cent this year...
This is undoubtedly the most optimistic forecast since the credit crunch first darkened our doors.
Whilst some experts are predicting that the market is now bottoming out, one company has gone a step further and predicted a rise in prices that would have been thought impossible a few months back.
By the end of last year, property values had dropped by 22.5 per cent - a devastating turn of events for anyone trying to sell or realise the equity in their homes. Now, halfway into 2009, the market has picked up and some experts are turning their previous dire predictions on their heads.
Economists at property agent Assetz have now said that ‘significant positive growth is likely,' and have highlighted prices rising by almost £2,000 a month.
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