House prices set to increase up to 7% next year despite Brexit uncertainty and income squeeze

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House price growth across the UK’s biggest cities is set to be stronger this year than previously predicted, according to an index.

Values across the 20 biggest cities are now expected by property analysts Hometrack to increase by 6 per cent to 7 per cent over the course of 2017, higher than its previous prediction of 4 per cent made in December 2016.

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