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U.K. home sellers raised asking prices for a fifth consecutive month, pushing values to a record and giving the market its best start to a year since 2004.
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U.K. home sellers raised asking prices in April for a fourth consecutive month amid a shortage of properties for sale, according to Rightmove Plc.
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London home sellers increased asking prices for a third month in November as the city’s wealthiest areas continued to lure overseas buyers, Rightmove Plc said.
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London home sellers raised asking prices this month as the weakness of the pound fueled interest from overseas buyers during the spring selling season, according to Rightmove Plc.
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Asking prices for homes in London surged to a record this month as values in the borough of Kensington and Chelsea rose to an average 2.2 million pounds ($3.5 million), according to Rightmove Plc.
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U.K. home sellers raised their asking prices to the most for a February in five years as inquiries from potential buyers increased, Rightmove Plc said.
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London home sellers raised asking prices to a record as they sought to tap the housing-market recovery and benefit from the scrapping of costly disclosure rules, Rightmove Plc said.
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London house values rose to a record this month and the city’s property market may be further boosted as investors seek a haven from the euro-area debt crisis, according to Rightmove Plc.
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London home sellers flooded the market in January and pushed up asking prices in the biggest new-year increase since 2008, Rightmove Plc said.
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London home sellers cut asking prices by the most for a December in five years as an influx of supply and seasonal factors undermined pricing power.
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