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Real Estate Briefing - Categorized | Finance, Market Moves more

UK property wealth gap widens

Posted on 24 October 2011

The UK property market has split into two segments, with high end property prices rising as the rest of the market declines. This is according to the latest prime index from property website PrimeLocation.com.

Its monthly index reveals that prime properties – that’s the top quarter of the market by value – saw asking prices increase 0.5% in September, continuing a seven month rally in which asking prices for prime properties hit new heights. The average price of a UK prime property is currently £472,340………………………………………Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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