Jan
20

Asking Prices for London Homes Slump to Lowest Since 2015

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  • Rightmove says owners holding off listing properties for sale
  •  Prices rise nationally, led by gains in northern England

London home asking prices fell to their weakest level in 3 1/2-years in January as sellers spooked by Brexit held off putting their properties up for sale.

Asking prices in the capital slipped 1.5 percent from December to 593,972 pounds ($765,000), the lowest level since August 2015, according to Rightmove. New listings in the first two weeks of the year were 10 percent lower than in 2018 as owners were deterred by the cost of moving and concern about the political backdrop, the property website said…

Asking Prices for London Homes Slump to Lowest Since 2015

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Categories : Real Estate

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