| Luxury-home prices in central London climbed at the slowest rate in five months in February as more owners put properties on the market to profit from 16 months of gains, Knight Frank LLP said.
Values of houses and apartments costing about 3.7 million pounds ($5.9 million) rose by an average of 11.6 percent from a year earlier, the London-based broker said in a report today. Prices advanced 0.7 percent from January and are now 8.9 percent higher than the market’s last low point in March 2009...............................................Full Article: Source
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