(Bloomberg) -- U.K. house prices rose in July at the
slowest pace this year, evidence that interest rates at a six-
year high are damping demand for property, Rightmove Plc said. In
London, the rate of price increases accelerated.
The average asking price in England and Wales gained 0.3
percent to 240,001 pounds ($493,000) from a month earlier, the
U.K.'s biggest real-estate Web site said in a statement today.
That was the smallest increase since prices fell in December.
Values in London rose 1.8 percent, more than double June's pace.
Read more at Bloomberg Currencies News
slowest pace this year, evidence that interest rates at a six-
year high are damping demand for property, Rightmove Plc said. In
London, the rate of price increases accelerated.
The average asking price in England and Wales gained 0.3
percent to 240,001 pounds ($493,000) from a month earlier, the
U.K.'s biggest real-estate Web site said in a statement today.
That was the smallest increase since prices fell in December.
Values in London rose 1.8 percent, more than double June's pace.
Read more at Bloomberg Currencies News
No comments:
Post a Comment