Luxury home prices to rise

Luxury-home prices in central London will climb about 3% next year as outlook for the city’s financial-services industry improves and the weaker pound attracts overseas investors, Knight Frank said.

By Bloomberg | Oct 13, 2009, 12.00 AM IST

LONDON: Luxury-home prices in central London will climb about 3% next year as outlook for the city��s financial-services industry improves and the weaker pound attracts overseas investors, Knight Frank said.

A shortage of houses for sale will lift home prices.

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Luxury home prices to rise

Luxury-home prices in central London will climb about 3% next year as outlook for the city’s financial-services industry improves and the weaker pound attracts overseas investors, Knight Frank said.

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