UK house prices climb to record even as sales slow in London

LONDON: UK house prices climbed to a record last month as a slowdown in London sales was offset by a stronger market in the north of the country, according to a report by Acadata and LSL Property Services Plc.

Prices in England and Wales rose 0.3% from April to an average of £303,200 (US$386,000), despite the uncertainties of the general election campaign, the groups said in a report published yesterday.