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London leads UK housing slowdown

Surveyors cut price growth forecasts as stricter lending rules weigh on market
Friday, August 15, 2014 - 06:00

[LONDON] Bank of England policymaker David Miles said that London's property market is showing signs of cooling as an index of values in the capital, published yesterday, slipped to a three-year low. "The latest indicators are that things are cooling a little bit in London, prices were rising