House Prices in London Rise Again
Feb 07,2010
■Prime central London house prices rose by 1.1 per cent in January, the tenth consecutive month of growth.
■Last month’s price growth was the slowest since August 2009 and is markedly lower than the 2.1 per cent recorded in December 2009.
■On an annual basis, the price of prime property in central London has increased by 11.5 per cent.
■House prices are now 15 per cent above the low point reached in March last year, but 12 per cent below the market peak reached in March 2008.
■The strongest price growth has been experienced at the top of the market - the £10m+ sector saw 1.5 per cent growth in January, continuing the process of catch-up this sector is experiencing.
www.investalist.co.uk
■Last month’s price growth was the slowest since August 2009 and is markedly lower than the 2.1 per cent recorded in December 2009.
■On an annual basis, the price of prime property in central London has increased by 11.5 per cent.
■House prices are now 15 per cent above the low point reached in March last year, but 12 per cent below the market peak reached in March 2008.
■The strongest price growth has been experienced at the top of the market - the £10m+ sector saw 1.5 per cent growth in January, continuing the process of catch-up this sector is experiencing.
www.investalist.co.uk