You are here

London home price rise 'unsustainable'

Overseas investor demand squeeze limited supply harder

[LONDON] London house prices rose at an unsustainable rate in October as demand from overseas investors added pressure to a market with an already small supply of properties, according to Rightmove Plc.

Values in the UK capital surged 10.2 per cent, or £50,484 (S$101,158), to an average £...

Market voices on: