‘Sharp increase’ in time to sell as buyers hold off
Properties in London are taking three times longer to sell than they were a year ago, reports REalyse.
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‘Transaction levels indicate that the markets are relatively stable during this time of economic & political uncertainty’ – Strutt & Parker
Transaction volumes in PCL grew by 5.3% from H1 2018 to H1 2019, says Strutt & Parker, driven by a quite dramatic surge in activity under £2m
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Activity may have plunged as a result of the ongoing Covid-19 lockdown, but lettings activity is on the rise and pent-up buyer demand is building, reports the agency.
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