Consumers forecasting property price rises in South East

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Over 40% of consumers expect house prices to rise in 2012 and this is an increase from 33% of those surveyed in December 2011.

The Building Societies Association found says that their latest property tracker index shows consumers in the South East are the most positive with 53% of them forecasting property prices will go up this year.

Just 14% think that house prices will fall and 44% think that it is currently a good time to get on the property ladder.

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