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Bhoy

London has fallen out of the top 50 global cities for house price growth

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"London house price growth is now so slow, it has fallen to 55th place in a ranking of the 150 global cities with the fastest house price growth."

Which either means it's everywhere else's turn to go coco or we're possibly witnessing the crash (albeit in very slow motion).

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A link below on the subject. 

Quote

 

http://www.cityam.com/262231/london-has-fallen-out-top-50-global-cities-house-price

But with house price growth of just 7.5 per cent, London only managed 55th position

 

 

Not satisfied with having the most expensive houses on earth (apart from Monaco) they now complain that their annual house price increases aren't the highest.  It's surprising that they claim any increase considering the recent rumours on London house prices.

 

Quote

 

http://www.homesandproperty.co.uk/property-news/buying/london-house-prices-suffer-biggest-fall-for-six-years-new-report-is-a-warning-to-sellers-not-to-a108236.html

London house prices suffer biggest annual fall for six years:report reveals sellers could pay dearly for over-pricing homes in current market

 

 

A link below from the cityam link above.

Quote

 

http://www.cityam.com/261940/housebuilding-central-london-grinding-halt-house-prices

Central London housebuilding drops 75 per cent as house prices keep falling

 

If London house prices are going up at an annual rate of 7.5% it calls into question their dubious justification for a slowdown in house building.

Edited by billybong

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They must be shocked that Monaco continues to put London in 2nd place.

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http://www.globalpropertyguide.com/most-expensive-cities

Edited by billybong

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London has fallen out of the top 50 global cities for house price growth

Easy to rectify, a dose of strong fertilizer should do the business.;)

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