London luxury-home sales dip as buying season is 'wiped out'
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
London
LUXURY-HOME owners, who rushed to offer their houses and apartments for sale after the Conservative Party won May's national election, are finding that fewer buyers are interested.
In the city's prime central districts, such as Knightsbridge and Mayfair, 228 existing homes sold last month compared with 325 a year earlier, according to luxury property broker Huntly Hooper. Owners started marketing 653 upscale properties in the best areas during the period, the most since February, taking total availability to 3,287, the data show.
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
