London House Prices Surge to Near Record as Supply Shortage Helps Sellers - Bloomberg

Asking prices for London homes rose to close to a record in February, helping push national values the most in almost a decade, Rightmove Plc said.

Average asking prices in the U.K. capital rose 2.5 percent from January to 449,252 pounds ($710,300), less than 1,000 pounds below the record reached in October, the operator of Britain

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