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London luxury-home prices buoyed by overseas investors

Posted on 05 November 2012

Luxury-home prices in central London rose at the fastest rate in four months in October as overseas investors sought less-risky assets, Knight Frank LLP said.
The average value of a house or apartment in the U.K. capital’s most expensive neighborhoods climbed 0.8 percent from September, according to an index published by the London-based broker today. The annual increase was 10.1 percent with demand for apartments outstripping that for houses, Knight Frank said………………………………………..Full Article: Source


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