FORECAST: +3.5% for UK house prices next year, but 0% for PCL – Knight Frank

Another rise in prime central London prices last month (0.4%) has contributed to a significant 8.1% year-on-year increase, according to Knight Frank today.

The rate of price declines slows a bit, as demand and transaction numbers pick up

Prime central London property prices rose for the 34th month in a row in August, according to the latest from Knight Frank, with a 0.6% month-on-month increase taking that rise to 4.