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London luxury-home values rise as Euro-region buyers seek haven

Posted on 03 December 2010

From Bloomberg: London luxury-home values rose in November for the first time in five months as the debt crisis in the euro region prompted more buyers to compete for a dwindling number of homes for sale, Knight Frank LLP said.
Prices of houses and apartments costing at least 1 million pounds ($1.6 million) rose 0.9 percent from October, the London- based property broker said in a statement today. The annual gain was 11 percent, the smallest since January……………………………………….Full Article: Source

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