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London house prices post biggest yearly drop in 6 years

London's housing market under- performed the rest of the country during 2016.


LONDON house prices posted their largest annual drop in almost six years in February as high values deterred buyers.

The average asking price in the capital fell 0.4 per cent to £641,116 (S$1.13 million) this month from a year earlier, the first annual decline since April

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