Dec
29
London House-Price Growth Lags Behind U.K. First Time Since 2008
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Values rose annual 3.7% in capital and 4.5% nationally
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Nationwide says buyers increasingly priced out of the market
London’s housing market underperformed the rest of the U.K. for the first time in eight years as buyers increasingly found themselves stretched by affordability, according to Nationwide Building Society.
Home prices in the capital rose 3.7 percent in 2016 from a year earlier, down from 12.2 percent in 2015, the mortgage lender said on Thursday. Across the U.K., values increased an annual 4.5 percent, climbing 0.8 percent in December…
London House-Price Growth Lags Behind U.K. First Time Since 2008
