Summer scramble in Prime London as vendors head to market
Latest data from LonRes shows the number of new properties reaching the market in July was up 39% on the same month last year, with 9% more deals agreed; reports of sustained demand ‘bode well’, says firm, but recovery reliant on UK's economic fortunes over the coming months...
New instructions surge in Prime London amid ‘surprisingly busy’ summer sales market
More properties are also going under offer, but it’ll take another month or two before we start to see any annual growth in deal volumes, reports LonRes...
Brexit uncertainty weighs heavy on Prime London as vendors and buyers ‘withdraw from the market’
LonRes records further declines in transactions, instructions and prices, but notes a boost in the number of homes going under offer;
London’s super-prime market holds steady; pent-up demand building
Despite intense political uncertainty, transactions above £10m are only marginally down on last year, reports Knight Frank, and activity levels look to be on the rise as vendors over-compensate on pricing...
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