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Pre-sales of London homes down 34% on Brexit woes

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The number of residences sold before completion fell to about 4,600 from 6,974 a year earlier, according to data compiled by researcher Molior London.

London

SALES of London homes under construction slumped 34 per cent in the second quarter as the prospect of a vote to leave the European Union damped demand already hurt by higher taxes.

The number of residences sold before completion fell to about 4,600 from 6,974 a year earlier

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