Friday, Mar 16, 2007

London house price keep on growing!

Reuters: London house price growth fastest in 28 years

LONDON (Reuters) - Prime central London house prices have grown at their fastest rate in 28 years, a study shows.

Significant demand pressures and continued low supply levels drove property prices up 31 percent in the year to end-February, according to Knight Frank's latest index.

International demand and a strong bonus season in the City saw prices climb 8.4 percent in the past quarter and 2.6 percent in February alone.

Posted by studdymx @ 11:20 AM (179 views) Add Comment

2 Comments

1. sold 2 rent 1 said...

Winner's curse

Friday, March 16, 2007 09:06PM Report Comment
 

2. Cstanhope707 said...

Big Deal a couple more Russian Billionairs have purchased a couple more flats in Chelsea! Lets also not forget the Speculators dream from the 12 billion pound fiasco that is the Olympics thanks Mr and Mrs UK Taxpayer.

Saturday, March 17, 2007 11:11AM Report Comment
 

Add comment

Username   Admin Password (optional)
Email Address
Comments
  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Main Blog | Archive | Add Article | Blog Policies