London Property Market Frozen by Winter Chill

London's winter chill has hit the property market too, with price growth now cooling in some previously robust boroughs, according to U.K. Land Registry data analyzed by Bloomberg. Richmond-upon-Thames and Merton turned blue on our map this month, with prices just about treading water. The eastern boroughs of Enfield, Havering, and Bexley—bright pink last month—are now a more muted shade. Switch to our Postal Districts view and you'll find plenty of icy blue in London's central areas. That lines up with recent data from the Royal Institution of Chartered Surveyors, which showed London values slumping, and evidence of a record number of unsold new homes in the city.

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