London house prices rose at the slowest pace in more than three years last month, leading a cooling across the country. The Royal Institution of Chartered Surveyors said its monthly index for the capital dropped to 9 in August from 11 in July. A U.K. gauge slid to 40 from 48, the lowest in a yea…

Read more from the original source:
London Housing Cools After Price Boom That Stretched Buyers
