Aug
20
London Property Headwinds Keep Asking Prices for Homes in Check
By-
Annual growth of 1.6 percent in August well below 2014 high
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Hackney homeowners do best as Hammersmith and Fulham slumps
London property sellers are reining in their expectations as demand for homes continues to ease and the slowdown across the market shows few signs of letting up.
Asking prices in the city rose 1.6 percent in August over the past year, Rightmove Plc said on Monday. While that’s up from the July pace, it’s well below a 2014 peak above 20 percent and only the second time this year the annual rate of increase has topped 1 percent. On the month, prices fell 1.9 percent amid a traditional summer lull…
London Property Headwinds Keep Asking Prices for Homes in Check
