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House prices as volatile as share prices

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Never mind the banking sector, if it's a real rollercoaster ride you after then you need look no further than your own front door.

I have come across a set of property indices that reveal just how volatile the housing market has become.

Did you know, for example house prices in Kensington and Holland Park have shot up by 20.7 per cent in the first quarter of 2009?

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Look at actual prices, not estimates
John D Wood (JDW), a firm of estate agents that deals in upmarket property, mostly in London, has started compiling property indices for highly localised areas of the property market.

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