London’s Olympic Home Prices Rise Less Than Rest of the City

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Home prices close to London’s 2012 Olympic sites have risen less than the rest of the city since the Games were announced, as overseas buyers targeted more central districts, Zoopla.co.uk said.

Values for homes near the Olympic Stadium and the other venues in east London have climbed 18.9 percent since the city was awarded the Games in July 2005, the real-estate website said in a statement today. That compares with an average increase of 27.2 percent across the U.K. capital.