Super-prime property market activity hits six-year high in London
“Property’s reputation as an inflation-hedge gives it extra appeal, while the prospect of rising borrowing costs is injecting a degree of urgency into the market across all price points,” says Rory Penn of Knight Frank's Private Office.
"The prime London property market is in a sweet spot," declares Knight Frank's research team, as buyer demand bounces back and the supply of homes available to buy picks up.
Knight Frank and Savills have both flagged a revival for central London's property market in the opening months of this year
“London’s super-prime markets stellar end to the year is evidence of the influence that the pandemic-fuelled desire for more space has on residential markets," says Savills.
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