Monday 28 May 2012

London property prices: House prices show capital is still pushing ahead of rest of the country - London - News - Evening Standard

London property prices: House prices show capital is still pushing ahead of rest of the country - London - News - Evening Standard

House prices increased by 0.2% during this month, but the rise was only driven by London and the South, a study said today.
Prices rose by 0.6% in London and by 0.1% in the South East and East Anglia, but remained static or fell in the North, the Midlands and in Wales, Hometrack said.
A widening gap as the number of homes on the market outstrip buyer demand is likely to hold prices back outside London in the coming months, along with rising mortgage rates and concerns about the eurozone and unemployment, the report said.

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