Richard Donnell News
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London homes changed hands at the fastest pace since 2007 in April as the capital’s property market drove a third month of U.K. house-price increases, according to Hometrack Ltd.
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U.K. house prices rose the most in three years this month, led by a surge in London, as demand outstripped supply.
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U.K. house prices fell for a third month in September on weakening demand that may continue to weigh on property values, Hometrack Ltd. said.
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U.K. house prices dropped for a seventh month in November and the pace of decline may accelerate as weak consumer confidence erodes demand, property researcher Hometrack Ltd. said.
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U.K. house prices rose for the first time in nine months in February as demand for homes increased in London and southern England, Hometrack Ltd. said.
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U.K. house prices extended their decline in January as demand plunged the most in three years on concern about the outlook for the economy, Hometrack Ltd. said.
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U.K. house prices fell for a third month in July and are likely to continue on a “downward trend,” property researcher Hometrack Ltd. said.
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U.K. house prices fell in July for the first time this year and may extend their decline as a deepening recession curbs demand for homes, Hometrack Ltd. said.
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U.K. house prices fell for a sixth month in December and the decline will extend into 2013 as Britons’ reluctance to borrow weighs on property demand, Hometrack Ltd. said.
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U.K. house prices fell for a second month in June as the growth in the supply of properties for sale outpaced demand, Hometrack Ltd. said.
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