PCL property prices still set to rise up to 10% this year, predicts Strutt & Parker
"We expect to see a very competitive market this year," says Guy Robinson, Head of Residential at Strutt & Parker. "With demand continuing to outstrip supply, the extreme shortage of stock will sustain further house price growth."
PCL property prices have fallen by 4.3% this year; rents by 11.9%
Prime Outer London has seen less significant price drops than central areas, reports Knight Frank.
Heatmapped: London property prices set to rise 19% in the next five years; rents by 14% – CBRE
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UK house prices set to rise 14.5% by the end of 2024
London is likely to see the slowest rate of property price inflation in the coming years, according to some analysis of various property market forecasts.
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