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Luxury home prices in London rise at slowest rate in 5 years

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FEWER TAKERS: Uncertainty surrounding the outcome of the May 7 general election is causing buyers and sellers of luxury properties to postpone decisions.

London

HOME prices in London's wealthiest neighbourhoods are climbing at the slowest rate in more than five years as uncertainty surrounding the outcome of the May 7 general election deters buyers.

Prices in the 13 districts that Knight Frank LLP defines as prime central London