Aug

London Mansion Values Start to Climb on More Realistic Prices

Prime central London house values gain most in three years
Rents probably will rise as buyers remain uneasy about Brexit

London’s moribund luxury homes market is showing signs of bottoming out.

Values in the best districts rose 1.2 percent in the second quarter from a year earlier, the fastest annual rate in almost three years, as buyers took advantage of price cuts after higher sales taxes damped demand. More homeowners are also looking to sell, and deals are rising as pricing becomes more realistic, researcher LonRes said in a report, citing a survey of agents…

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London Mansion Values Start to Climb on More Realistic Prices

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