P5f1 Teletext 541 Jan 7 01:44:59         ————————————— NEWS UPDATE p——————ppp——— £46bn HOUSING RECOVERY A modest recovery in the housing market could make British homeowners £46bn richer in a year, says mortgage company HMC. But this will only happen if the Government avoids "confidence- destroying measures", it says. The average UK house price will be £u4,400 at the start of 1996, the HMC says. cont... ——————————————————————————————————3/6—— Tourist rates 547 City news 500 ARE YOU LOOKING FOR HOME INSURANCE? SEE PAGE 432 Your Money Advice Property Mortgagrs