Property News · August 20, 2019

‘Brexit fatigue’ spurs buying and selling of London homes, leading to asking prices posting their first annual increase in two years


Asking prices for London homes showed their first annual increase since 2017 this month, as the Brexit-battered market started to show signs of life.New seller prices were up 1.3 per cent from a year earlier, property website Rightmove Plc said in a report published Monday. They eased just 0.1 per cent on the month, the smallest decline for any August since 2006.Rightmove said a shortage of supply is helping to underpin prices, with the number of new sellers down almost 11 per cent on the year…

Source : South China Morning Post
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