Transaction volumes suffering in 'subdued' Prime London sales market
Things have been noticeably quieter in the prime postcodes over the summer, and the traditional autumn activity surge may not happen this year, warns LonRes.
Last month's activity was on the low side, even by July standards, and there are signs the £5mn-plus market is finally beginning to buckle.
The market has cooled significantly in 2023 - and now there's even a chill running through the top-end of the market.
'A double-digit price fall does not exactly feel imminent', says Knight Frank, after recording some encouragingly high activity levels given the circumstances...
Companies in this articleLonRes
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