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
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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 Rightmove plc said on Monday, even with the upcoming UK general election on June 8.
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