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London Home-Price Growth Slows to Three-Year Low as Demand Ebbs

By Tony Seruga

House values grew an annual 7.7% in Oct. vs 9.2% in Sept.
Property prices in the capital rose at slowest pace since 2013

London house prices rose at their slowest annual pace in more than three years in October.

Home values in the capital dropped 1.2 percent from September, taking the annual gain to 7.7 percent from 9.2 percent in September, the Office for National Statistics said in a release in London on Tuesday. That’s the slowest year-on-year increase since June 2013. Nationally, annual price growth eased to 6.9 percent from 7 percent…

London Home-Price Growth Slows to Three-Year Low as Demand Ebbs

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