(Bloomberg) -- London house prices rose at the
slowest pace in five months in June as the cost of a home fell in
more than half of the U.K. capital's boroughs, Rightmove Plc said.
Asking prices increased 0.7 percent from a month earlier to
387,898 pounds ($764,000), half the pace of May, as values fell in
17 of the city's 32 districts, the U.K.'s biggest real-estate Web
site said in a statement today. Gains across the U.K. outpaced
London for the first time since January, with a 0.8 percent
increase in June.
Read more at Bloomberg Currencies News
slowest pace in five months in June as the cost of a home fell in
more than half of the U.K. capital's boroughs, Rightmove Plc said.
Asking prices increased 0.7 percent from a month earlier to
387,898 pounds ($764,000), half the pace of May, as values fell in
17 of the city's 32 districts, the U.K.'s biggest real-estate Web
site said in a statement today. Gains across the U.K. outpaced
London for the first time since January, with a 0.8 percent
increase in June.
Read more at Bloomberg Currencies News
1 comment:
London house prices may have slowed down but does this hold true for each and every individual area in London? I ask this because some areas may have slowed down more than others or some areas can still be increasing.
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