London Luxury-Home Prices Rise on Lower-Taxed Property Demand

London Luxury-Home Prices Rise on Lower-Taxed Property Demand

Chris Ratcliffe/Bloomberg

Apartments at the One Hyde Park real estate development are seen in Knightsbridge in London. Values have risen 51 percent to a record since March 2009, the low point for London’s prime residential market after the financial crisis, according to the report.