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South East - 2009

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The events of the past year have painted a bleak picture for the residential development industry, with large falls in sale prices and land values and a steep drop in market activity. However, the South Easthas been among the most resilient regions according to the major house price indices, prices dropped by between 15% and 20% in the year to the end of March 2009. In prime locations such as Guildford or Sevenoaks, the price falls have been less pronounced although transaction volumes are still markedly lower.

Source : Knight Frank

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Keywords : Knight Frank