The value of residential development land has stabilised across most UK regions after five negative quarters.
Knight Frank’s Residential Land Index, published this week, said the urban and greenfield average land values rose by 2.1% during the second quarter of 2009, having almost halved since 2007. (Property Week) http://www.propertyweek.com/story.asp?sectioncode=36&storycode=3145061
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