Friday, Aug 13, 2010
Slump will wipe £20,000 off price of average London home
Evening Standard: Slump will wipe £20,000 off price of average London home
The average price of a house in London will drop by £20,000 by the end of the year, a leading estate agent warned today.
Savills said the slump at the top end of the market will be even greater with a £1 million home forecast to lose £100,000 in value. The firm said the housing market was at “tipping point” and a double-dip was inevitable following a “sucker's rally”.
Posted by steve m @ 10:07 PM (171 views) Add Comment
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