House prices rose an average of 0.5% across London in the three months to the end of November, a report by property researcher Hometrack shows.
Prices in London are feeling the impact of measures taken by the Bank of England to limit rising household debt. Although prices rose, five other cities – Bristol, Birmingham, Edinburgh, Glasgow and Southampton – experienced higher growth than London, with Edinburgh’s 1.8% rise the highest.
Hometrack’s director of research, Richard Donnell, said he expects modest price falls as prices realign.
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The Guardian, p. 29
