Dec
11

London Property Market Likely to Continue Price Drop in 2018

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  • Rightmove says prices in the capital will fall another 2%
  • Nationally, values will likely rise 1% as shortage continues

London’s property market is in for another rough ride next year, according to Rightmove Plc.

Home values in the capital are likely to fall another 2 percent in 2018 after a 1.8 percent decline this year, the real estate website operator said Monday. In December alone, prices dropped 3.7 percent in London and by 2.6 percent nationally. The month usually sees a big seasonal slump…

London Property Market Likely to Continue Price Drop in 2018

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