Property News · October 17, 2017

London home prices fall at fastest pace since financial crisis


London house prices are falling at their fastest pace since the aftermath of the financial crisis, confirming the British capital as the worst-performing part of a slowing market.
Early data point to home values in London declining 2.7 per cent in September from a year earlier, the most since 2009, according to Acadata and LSL property Services. A 0.7 per cent fall in August marked the first negative reading since 2011 as sellers in some of the city’s most expensive boroughs,…

Source : South China Morning Post
Read more…London home prices fall at fastest pace since financial crisis

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