London House-Price Growth Seen Cooling to About 3% Next Year
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London house-price growth will slow to about 3 percent next year as the prospect of higher borrowing costs forces sellers to lower their expectations, Hamptons International said in a report today.
The 2015 forecast by the London-based broker is half the pace it predicted in September. Values in the city will probably climb 15.5 percent this year, it said, more than double its previous prediction.