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London house prices rise as property ‘hot spots’ surge: Economy

Posted on 20 November 2012

London home sellers increased asking prices for a third month in November as the city’s wealthiest areas continued to lure overseas buyers, Rightmove Plc (RMV) said.
Prices in the U.K. capital increased 1.2 percent to an average 483,709 pounds ($769,600), the operator of Britain’s biggest property website said in a report today. Properties in the city’s nine most expensive districts — where average prices exceed 600,000 pounds — surged 3.4 percent. Nationally, values fell 2.6 percent………………………………………..Full Article: Source


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