U.K. House Prices Rise to Record on London Surge
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U.K. house prices rose to a record last month as government measures boosted demand and London’s property market continued to surge, Acadametrics said.
Values increased 0.4 percent from July to an average 233,776 pounds ($370,000), the London-based real-estate researcher and LSL Property Services Plc said in a report today. In London, prices have risen 40 percent from their trough in April 2009, compared with 16 percent nationally.