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London property market hit by uncertainty

Developers turn to Asia in an effort to boost sales; local house-hunters resist high prices of new homes

Published Mon, Oct 27, 2014 · 09:50 PM
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THE London property market is beginning to sag from its heady heights early this year and developers have embarked on an intensive Asian marketing effort to boost sales.

James Wyatt, a director of Parthenia Valuation, an independent valuing and data firm, contends that London apartment and house prices "have softened in recent weeks".

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