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London house prices up 5pct, official figures show

Posted on 16 January 2013

The ONS says house prices in London and the South-East are still rising while the influential RICS study suggests the market may be “over the very worst”. House prices continued to rise in 2012, official figures showed today, driven largely by demand for property in London and the South-East of England.
Despite a return to recession for the economy last year, UK house prices increased by 2.1pc to £232,000 in the year to November, up from 1.5pc in October………………………………………..Full Article: Source


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