U.K. Home Sellers Sought Record Prices in April, Rightmove Says
U.K. Home Sellers Sought Record Prices in April, Rightmove Says
Asking prices for UK homes rose to a record in April, as a shortage of property boosted values in London, Rightmove Plc said. Average asking prices in England and Wales gained 2.9 percent in April to 243737 pounds ($ 386400), the operator of Britain's …
Read more on Bloomberg
London and New York Draw Asian Real Estate Buyers
In London, buyers from Singapore, Hong Kong and Malaysia make up some 40 percent of the British capital's apartment market, according to property consultants Jones Lang LaSalle. “Some property agents in Singapore have indicated that sales of London …
Read more on CNBC.com
UK Property-Development Index at the Highest in Two Years
The Total Commercial Development Activity Index, a measure of the country's commercial-property industry, rose to 13.1 percent from a negative 3.6 percent in February, according to a report published today by the London-based broker.
Read more on Bloomberg
