Economic news

London housing prices slump most since 2009

London house prices are dropping at their strongest rate since the financial crisis, according to data from Acadata and LSL property Services.

On average, home prices in London edged down 2.7 percent in the year through September.

The average property price in the UK has increased £3,432 to £313,435 since September and up 1.4 percent since last October.

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