Nov
28
London House Prices Are Still Rising Almost Everywhere
ByHome prices in the U.K. capital continue to move beyond the reach of many. Despite a slowdown linked to tax increases on second-home buyers, and the Brexit vote, London homes are less affordable now than ever before. Prices continue to gallop ahead of wages. The average price of a home in London is now £472,520, up from £470,281 last month, according to Bloomberg’s analysis of preliminary U.K. Land Registry sales data. Prices rose in nearly all of London’s boroughs, except for the hip Hackney area, where they are 0.4 percent down from a year ago, and the central borough of Westminster, which has seen steady declines throughout 2017…
London House Prices Are Still Rising Almost Everywhere
