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The property market glitteratti have begun their annual property market forecasts for the year ahead.

Hometrack, the estate agent polling and research company say that values will decline by 2%.

Rightmove, the UK’s largest property advertising portal predicts that asking prices (rather than sale prices achieved) will drop by 5%.

The Royal Institution of Chartered Surveyors suggests a fall of 2%.

The Halifax says that 2011 will see no change in house prices overall.

The Nationwide Building Society says the same.

They will all, no doubt be as wrong as they always are 😉

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