London House Prices Jump 5.4%, Locking Out First Time Buyers

By
Deborah Hyde
  • U.K. average price rises 7.3% to almost 300,000 pounds
  • Rise in property listings is no match for buyer demand
Photographer: Oli Scarff/Getty Images

Asking prices for London homes reached another record this month as the winter lull in the market came to an end.

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