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Prime London Market Review.pdf

National-Market-Review-Summer-2017.pdf
Preview of Prime London Market Review
🔗 Source: garrington.co.uk
📊 Size: 3.05 MB
📄 Pages: 5 pages
⬇️ Downloads: 119

Summary

Election years see an 18% increase in transactions 2 months after elections, 4.7% more than non-election years, with prime properties increasing 26% in the 2 months after the last 5 elections. Prime Central London transactions picked up 16% after elections between 1997 and 2005, but the 2017 election result may have a subdued effect due to uncertainty. Despite this, the prime London market has proven resilient, with buyers and vendors adjusting to slower conditions. Prime properties outside London are emerging, with Bushey and Watford showing strong growth, and regional Prime Thresholds varying greatly, with the national average rising 23% to £503,000 over 5 years.

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Description

Election years see an 18% increase in transactions 2 months after elections, 4.7% more than non-election years, with prime properties increasing 26% in the 2...

Technical Information

  • File Format: PDF
  • File Size: 3.05 MB
  • Pages: 5
  • Language: EN
  • Total Downloads: 119
  • Last Updated: 2 months ago

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