Average PCL price per sq ft at lowest level since 2012
Rising supply and dwindling demand are keeping values under pressure in the capital's most exclusive postcodes, reports LonRes.
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Non-dom exits, international bargain hunters and a raft of trophy listings reshaped the £15m-plus sector over the last 12 months, reports Beauchamp Estates,
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Values, new instructions and sales have all been falling, reports LonRes - but the stark comparisons say more about last year than the current state of play.
London records worst month for £5mn-plus sales since 2008
The top end of the market took an extended Christmas break in January, reports LonRes, and is 'unlikely to return to the highs of 2021 and 2022 any time soon'.
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Two new signings for PCL brokerage Park Lord
Katie Gee and Adam Shabatai have both joined the Mayfair-based firm this year.
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Average PCL price per sq ft at lowest level since 2012
Rising supply and dwindling demand are keeping values under pressure in the capital's most exclusive postcodes, reports LonRes.