London Luxury Homes Fall 1.5% as Tax, Ruble's Drop Hurt Sales

Luxury homes in London on Oct. 17, 2013.

Photographer: Chris Ratcliffe/Bloomberg

Home values in London’s best districts fell 1.5 percent to about 880,600 pounds ($1.3 million) in October from a year earlier, according to an analysis of Land Registry data by Bloomberg.

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