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It's All About Supply And Demand

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Another important factor behind the rise, though, was higher stocks in the construction sector - consistent with falling demand for new-build property.

"The scale of the inventory build-up . . . is so huge that it would probably be wrong to ignore the risk that this year's consumer-led economic slowdown will be exacerbated by destocking," said Michael Saunders, economist at Citigroup.

Edited by ParticleMan

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  • 295 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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