Sunday, June 17, 2007

London House Prices Climb at Slowest Pace in Five Months, Rightmove Says

(Bloomberg) -- London house prices rose at the
slowest pace in five months in June as the cost of a home fell in
more than half of the U.K. capital's areas, Rightmove Plc said.

Asking prices increased 0.7 percent from a month earlier to
387,898 pounds ($764,000), half the pace of May, as values fell
in 17 of the city's 32 districts, the U.K.'s biggest real-estate
Web site said in a statement today. Gains across the U.K.
outpaced London for the first time since January, with a 0.8
percent increase in June.


Read more at Bloomberg Bonds News

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