House prices: Londoners threaten to flee the capital over housing costs: Londoners are threatening to leave the capital in their droves as many struggle to pay rocketing housing costs, as wealthy overseas and domestic cash buyers prop up housing prices.
LONDON (Alliance News) - The average asking price for a house in the UK was flat on month in September, property tracking website Hometrack said on Friday - snapping a string of 19 straight months of gain.
That followed the 0.1% increase in August.
Among the individual components of the survey, new buyers with agents, volume of property listings, sales agreed and asking price achieved all moved lower in September.
On a yearly basis, prices climbed 5.0%, slowing from the 5.5% increase in the previous month.
London overtakes Hong Kong as world’s priciest city for companies to situate staff: The strength of the sterling has made London the world’s most expensive city for companies to locate staff, overtaking Hong Kong which has held the record for five years in a row.
Miller cements plans to hive-off homes arm: Housebuilder Miller Homes kicked off its long-anticipated flotation with plans to raise £140 million through a listing that will propel the firm into the FTSE 250.
Datafeed and UK data supplied by NBTrader and Digital Look.
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