Asking prices for homes in London surged to a record this month, as the buoyant outlook spread to other parts of the country, according to Rightmove Plc.
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.
Asking prices for London homes fell from a record this month in a sign buyer concern about overpaying is prompting them to step back from the market, according to Rightmove Plc.
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.
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.
Asking prices for London homes rose to a record this month as all 32 of the capital’s boroughs recorded increases, according to Rightmove Plc.
"Whilst it's all speculation at present, the drop-off in foreign-based buyers could be replaced in part by individuals and companies moving out of an independent Scotland."
- Miles Shipside on Sep 14, 2014