Friday, 11 February 2011

Property prices in London rise as demand outstrips supply | Europe | News

Property prices in London rise as demand outstrips supply | Europe | News

London has bucked the wider UK property trend in recent months, with strong price growth and resilient demand for property pushing up prices by over 10% in the last 12 months, the latest index shows.

Whereas prices in the wider UK market fell by over 1% in the year to January, central London saw continued double digit growth with average prices rising 10.3%, according to the latest Knight Frank Prime Central London Index.

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