London House Asking Prices Surge to Record High
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Asking prices for London homes rose to a record this month as all 32 of the capital’s boroughs recorded increases, according to Rightmove Plc.
Values climbed 3.3 percent from April to an average 592,763 pounds ($997,000), the property website operator said today. Across England and Wales, prices rose 3.6 percent, the most for this time of year since 2002, reaching an all-time high of 272,003 pounds.