| From Bloomberg: Luxury-home prices in central London increased by the smallest amount in five quarters after a year- long recovery in values persuaded more owners to put apartments and houses on the market, Savills Plc said.
The average value of a home costing more than 1 million pounds ($1.49 million) rose 0.6 percent in the second quarter from the first three months of the year, according to the London-based property broker. Prices were 12 percent higher than a year earlier, down from an annual gain of almost 17 percent in the first quarter..............................................Full Article: Source
|