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Quarterly Rank: 13
Quarterly Price Change: 1.1%
Annual Rank: 26
Annual Price Change: -11.7%
The British housing market has made an astonishing recovery since the financial crisis kicked in. At yearend, the U.K. will register zero change in housing prices, far better than the 15% dip that analysts predicted at the end of 2008. The government's slashing of interest rates coupled with a low supply of housing have attracted the interest of potential buyers.