Luxury home prices in London rise at slowest rate in 5 years
Add BT as a preferred source
London
HOME prices in London's wealthiest neighbourhoods are climbing at the slowest rate in more than five years as uncertainty surrounding the outcome of the May 7 general election deters buyers.
Prices in the 13 districts that Knight Frank LLP defines as prime central London climbed 3.3 per cent during the 12 months through March, the broker said in a report on Thursday. Values have remained broadly flat during the past six months.
TRENDING NOW
DBS COO’s most important tip for AI transformation: Lead with ‘why’
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
