Oct
12
London Home Presales Slump 14% as Brexit Compounds Tax Woes
BySales of London homes under construction dropped 14 percent in the third quarter as uncertainty surrounding the terms of Britain’s exit from the European Union subdued demand already dented by higher taxes.
The number of residences sold before completion in the period fell to 4,830 units from 5,636 a year earlier, according to report by researcher Molior London seen by Bloomberg News. A spokesman for Molior declined to comment…
London Home Presales Slump 14% as Brexit Compounds Tax Woes
