London’s Housing Slowdown Holds Back U.K. Property-Price GainsBy
Prices grow 0.4 percent, as demand bounces back from Brexit
Homes in capital’s exclusive boroughs lose 8.6 percent on year
London’s priciest neighborhoods are weighing down house-price growth in the U.K., according to Acadata and LSL Property Services Plc.
The average value of a British home rose 3 percent in the year to October, the groups said in a report published on Saturday. Excluding London and the southeast, average prices rose 3.6 percent. From a month earlier, national prices gained 0.4 percent in October to 294,351 pounds ($366,000)…
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