LONDON: Central London luxury-home values had the smallest annual increase last month since December 2009 on a decline in the Knightsbridge area, site of Christian Candy’s One Hyde Park complex, Knight Frank LLP said.
The average price of a house or apartment in the city’s most-expensive neighborhoods climbed 7.2% from a year earlier, according to data compiled by the London-based broker. The monthly increase of 0.3% was the smallest since December and Knight Frank said it expects little change for the whole of this year.
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