Economics
U.K. House Prices Return to Growth Amid Signs of London Recovery
- Rightmove’s housing index shows a 0.7% increase in September
- Sales of capital’s most expensive homes climb this month
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U.K. house prices rebounded in September amid signs of a pickup in sales of London’s most expensive properties.
Asking rices rose 0.7 percent this month, matching the average for September since 2011, according to property website Rightmove’s housing index, which isn’t seasonally adjusted. In the capital, there was a 6 percent rise in sales agreed to for homes costing 750,000 pounds ($984,000) or more compared to the same last month last year, the firm said.