London House Price Growth to Slow in 2014 as Property Tax Looms
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The London housing market will cool next year as a proposed tax on property sales limits demand from overseas buyers, Rightmove Plc said.
Asking prices in the capital will increase 6 percent after gaining 10.6 percent in 2013, the U.K.’s biggest property website said in a report published today. Prices nationally will rise 8 percent, up from 5.4 percent this year.