Central London luxury-home values will jump 6 percent this year, - TopicsExpress

Central London luxury-home values will jump 6 percent this year, Knight Frank LLP said, revising its estimate that prices would be little changed in 2013. The average price of a house or apartment in the city’s most-expensive neighborhoods climbed 4.2 percent so far this year and interest among prospective buyers remains strong, the London-based broker said in a report today. Key reasons include the city’s reputation as a safe haven for investment and the value of the pound, Knight Frank said.

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