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IMF – housing market facing a slump

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  • IMF – housing market facing a slump

    The International Monetary Fund (IMF), the world’s leading economic institution, has commented that property in the UK is overvalued by 40%. IMF said it is likely that the credit crunch will have a huge affect on house prices which could prompt a slump. According to the IMF, house price increases in the UK, Ireland [...]

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