【Bloomberg】House-Price Divide Between London and the Rest Continues in June

The beleaguered London housing market continued to diverge from the rest of the U.K. in June, according to a report from Acadata.

Home values grew 0.1% from a year earlier at the national level, bringing the average price to 300,039 pounds ($375,858), the report said. Excluding London and the southeast, prices rose 0.8%, with Wales and the northwest region of England posting the strongest gains.

Prices in London fell 1.4% as Brexit uncertainty and stamp-duty changes weighed on the market. The regional disparity was also reflected in a report from Deloitte, showing that consumer confidence is falling in the southeast and London but rising in the north of England.

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