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Russian demand raises London house prices

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The weak pound is continuing to pull in overseas buyers to the London property market according to Knight Frank Residential Research.  London prices are still 34% lower in dollar terms than they were at their 2008 peak.

Chelsea, Kensington and Notting Hill have led the market over the last year with Mayfair, Kensington and Knightsbridge now rising strongly.

Read more:

http://www.countrylife.co.uk/property_news/article/472209/Russian-demand-pushes-London-prices-up.html

Last Updated on Monday, 07 June 2010 12:39  

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