|Bid||604.40 x 0|
|Ask||604.80 x 0|
|Day's Range||594.00 - 605.20|
|52 Week Range||415.20 - 607.20|
|Beta (3Y Monthly)||0.64|
|PE Ratio (TTM)||32.17|
|Forward Dividend & Yield||0.07 (1.14%)|
|1y Target Est||N/A|
New properties coming to market fell by 14.9% compared with November 2018, according to data published Monday by online estate agency Rightmove. That was the largest year-on-year drop since August 2009
Investing.com -- Here is a summary of regulatory news releases from the London Stock Exchange on Monday, 11th November. Please refresh for updates.
(Bloomberg) -- Asking prices for London homes rebounded in October amid a scarcity of new properties, with areas closest to the center of the U.K. capital seeing the biggest gains.Values climbed 2.4% to 603,855 pounds ($778,000) on average, Rightmove Plc said in a report published Monday. New listings were down 30% on the year, showing how the Brexit crisis has made prospective sellers reluctant to take the plunge.Properties in London’s central transport zone saw asking prices jump 6.4% from September, making it the only area where values were up on the year, Rightmove said. Nationally, prices gained just 0.6% on the month, the smallest increase for the time of year since 2008.“London has spent a few years in the price doldrums, but the scarcity of properties coming to market is now helping to underpin prices,” said Rightmove Director Miles Shipside. “Though with continuing Brexit uncertainty, there is still no certainty of a sustained price pickup.”A separate report by Acadata painted a gloomier picture, with U.K house prices slipping in September, driven by a 12th consecutive decline in London.London and its surrounding regions have borne the brunt of the property downturn since the 2016 vote to leave the European Union, though a buoyant labor market has helped the market weather the storm.To contact the reporter on this story: David Goodman in London at email@example.comTo contact the editors responsible for this story: Paul Gordon at firstname.lastname@example.org, Andrew Atkinson, Brian SwintFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
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Asking prices for British homes rose by the most in over a year in the four weeks to April 6, a survey showed, adding to other tentative signs that the housing market may have passed the worst of its slowdown ahead of Brexit. The 1.1 percent monthly rise in asking prices was a bigger increase than usual at the start of the spring season and reduced the fall in prices in annual terms to 0.1 percent, property website Rightmove said. Britain's housing market has stumbled since the 2016 Brexit referendum with most measures of prices showing only minimal growth in recent months.
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Oct.21 -- Miles Shipside, commercial director at Rightmove, discusses the U.K. property market, London and the freezing of rents in Germany. He speaks on “Bloomberg Markets: China Open.”