Wednesday, June 20, 2007

England House prices rise modestly in June

LONDON (Reuters) - Asking prices for homes in England and Wales picked up modestly from mid-May to mid-June but property inflation held below peaks scaled earlier this year, a survey showed on Monday. Property web site Rightmove said prices rose an annual 13.2 percent during the month. This compares with the previous month's 13.1 percent rise and four-year highs of 15 percent in late March/early April.

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