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17

London Slumps From Best to Worst for Home-Price Growth: Chart

By Tony Seruga

London house prices have gone from the fastest growing in the U.K. to the slowest within eight months. Average annual house-price inflation was 0.2 percent in November, the latest available figures, compared with 13.3 percent in March, according to data from LSL Property Services Plc and Acadata. Large price declines in central areas are contributing to the slowdown as uncertainty over Brexit and higher stamp-duty rates weigh on transactions…

London Slumps From Best to Worst for Home-Price Growth: Chart

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