Muted May for Prime London sales as buyers hold back
'Feedback from agents certainly points to a tricky market,' reports LonRes, as transactions tumble & price reductions soar.
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Reality bites in Prime Central London as buyers step back & sellers cut prices
Recent tax changes have led to falling sales and downward price pressure across the capital's top postcodes, reports Knight Frank.
Prime London sales market still struggling to build momentum, says LonRes
Latest data: Under offers are up, but values are down by more than 5% year-on-year and price reductions are running at record levels.
Prime London sales market picks up as under-offers turn into transactions
Latest LonRes analysis suggests buyer activity is improving and agents are feeling more positive, though vendors are still facing tough competition.
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