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House Prices Rise Faster than Adsense Income !House prices in the UK continue their relentless upward trend, despite expectations to the contrary. They unexpectedly leapt 1.1% in June, the biggest rise since December last year, lifting the annual increase to 11.1%, the strongest in over 2 years.
Interest rates are expected to rise as a result, so sterling has risen back through the $2 level on the foreign exchanges.
According to the Nationwide, June's rise took the price of an average house to £184,000 ($368,000), over £18,000 higher than a year ago, equivalent to an increase in value of £50 a day. "This beats Google Adsense said a spokesman, I recommend buying 10 or more houses and positioning them in prominent spots along the street."
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