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London house prices recover in May as sellers shrug off election

Average asking price in city up 2.1% to £649,864, according to Rightmove

London

LONDON house prices rebounded in May, rising to a record as buyers and sellers defied the usual trend of holding off on property transactions before an election.

The average asking price in the city rose 2.1 per cent from April to £649,864 (S$1.2 million), property website

sentifi.com

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