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The prices of the houses are in a continues rise

Every year the price of the houses rises and is running at a whopping 23.5 per cent the highest rate in the London.

The Real Estates Agency were wondering if the boom in London was running out of steam, but latter the figures shoes that itís no way for the price to go down. For a period of time slowdown, they say, that just August's month, slowdown one per cent rise - the lowest monthly increase since September 2005 - replaced by a 2.2 per cent rise in September.

The performance in London's pushes quarters (W1, SW1, SW3, NW1, SW10, W8, W14, W9, W11) has an explanation- The healthy people from every where in the world who want to own a posh period property in a prime located in London transformed in tribulations into a really expensive homes to go round.

According to the explanations of Liam Bailey, Knight Frank's Head of Residential Research, "September was an extraordinary month for the prime London market.
"Buyers came back into the market in serious numbers after the summer break. Our records reveal that the number of buyers registered to purchase property in Central London is 111 per cent higher than the same period last year.

"The strength of demand is in no way being met by supply. In September, supply had fallen by approximately 50 per cent compared to the same month last year.
"This together with the overwhelming number of applicants was the difference between 0.3 per cent monthly growth experienced in September last year and the strong 2.2 per cent monthly growth this year."

The South West of prime from the Central London continue to outperform in generally the market in a very big so in this way the best homes in these areas are approximately 35 per cent much more expensive than they were a year ago. In September the price category of property was generate a little bit by feeding frenzy and the value by rose it was a 4.2 per cent.

According to a report the demand for larger houses at this end of the market there are from foreign purchasers and has been brought force behind this strong growth.

Please visit MOVETO for more UK property news and a selection of apartments for rent in London, Berkshire properties and much more.

About the Author: Please visit MOVETO for more UK property news and a selection of apartments for rent in London, Berkshire properties and much more.

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