Economics
U.K. House Prices Rise a 15th Month as London Extends Lead
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U.K. house prices rose for a 15th month in March as values in London climbed to more than double the national average, according to Nationwide Building Society.
The average price of a home gained 0.4 percent from February to 180,264 pounds ($300,000), about 3 percent below its 2007 peak, the Swindon, England-based lender said in an e-mailed report today. Values in the capital in the first quarter were 20 percent above their previous record at an average of 362,699 pounds compared with 178,124 pounds for the U.K. as a whole.