An article in today's Financial Times reveals the gap between property prices in the north and the south of England continues to widen. The article is based on a report by the Royal Institute of Chartered Surveyors - RICS.
London property prices showed their biggest monthly gain for 6 years. In the year to June 2006, London properties showed a price rise almost twice the UK average of 5.6%. In Scotland, the North, the West and East Anglia property prices were almost static.
Ian Perry of RICS, describes London as a property rich "city state". To read the full Financial Times article, click on the post title.
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