29.05.2012 - U.K. Hometrack house prices jump as London values surge: Economy
U.K. house prices rose for a third month in May on gains in London, according to Hometrack Ltd., which said the euro-area debt crisis will weigh on the market and limit further gains. Values increased 0.2 percent from April as the supply of properties grew at the slowest pace since January, the London- based property research company said. Prices in the U.K. capital jumped 0.6 percent. In Italy, the impact of the debt turmoil continues to undermine business confidence, which fell to the lowest level in almost three years...............................................Full Article: Source
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