Asking prices for London homes record biggest falls this decade
From theguardian.com
Asking prices for homes in London have recorded their biggest annual fall so far this decade and have dropped on average by £18,000 in the space of just a month, the property site Rightmove said on Monday. But this headline finding masks much larger falls in some of the capital’s most expensive boroughs. The average asking price of a home in Kensington and Chelsea plummeted by more than £300,000 between August and September, and Camden was also hit hard. That suggests that a slump in the high-end entral London market, described by Rightmove as a readjustment, may be gathering pace as Brexit uncertainty continues and ...
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