Price growth stalls in 'prime' homes market: Financial News - Yahoo! Finance

Price growth stalls in 'prime' homes market: Financial News - Yahoo! Finance: "Price growth stalls in 'prime' homes market Friday October 5, 9:00 pm ET By Jim Pickard, Property Correspondent The surge in prices for 'prime' homes in central London that began a year ago is finally running out of steam, according to data published by estate agents Knight Frank. Price growth in the city's most exclusive markets fell to 1.2 per cent in September; its slowest rate since August 2006. Knight Frank's Prime Central London index, which includes areas such as Knightsbridge, Belgravia and Mayfair, is up by 36.5 per cent since this time last year."