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Booming London property market helps house prices record strongest jump in three years

Posted on 26 March 2013

House prices recorded their strongest monthly jump in three years in March thanks to a booming London market, property analyst Hometrack said. The 0.3% rise was driven by a boost to London house prices, with concerns over the crisis in Cyprus and the eurozone likely to send more cash flowing into the English capital in the coming months, the study said.
The national increase in house prices this month marks the highest growth seen since March 2010. Prices soared by 0.7% month-on-month in London, showing the strongest uplift since February 2010………………………………………..Full Article: Source


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