Study offers hope to home owners

Jan Haas/DPA/Press Association Images

Home buyers are still likely to make decent returns on their investment in the longer term despite the weakness of the current market, a study has found.

House price growth is projected to average 2% a year in real terms between 2012 and 2025, with a lack of available homes pushing up prices later in the decade once housing demand recovers from current subdued levels, PricewaterhouseCoopers (PwC) said.

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