PCL house market ‘renaissance’ as £5m-plus sales soar
New data shows a 140% leap in PCL house sales above £5m during the first four months of 2021, as the time taken to sell falls by 15%.
Prime London market busier than post-election bounce, as high-end sales continue to soar
The £5m-plus market has been flying over the last three months, reports LonRes, with exchanges up by nearly 20%.
Taking Stock: The impact of Covid-19 on the prime London sales market
The first hard data from before, during and after the lockdown period reveals how stock, price & activity levels have been affected across the prime postcodes
London was the biggest super-prime sales market in the world last year
Elite buyers dropped nearly US$4bn on $10m-plus properties in the UK capital in 2020, putting it ahead of traditional rivals New York and Hong Kong in the luxury real estate stakes.
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