Sunday, October 1, 2006
London still outperforming not-London
A lack of housing for sale is certainly playing a major role in sustaining the scale of growth in London with agent’s property listings falling over the last quarter. In contrast, the supply of housing for sale has continued to see above average growth in the regions where price rises are low. The Hometrack survey also highlights longer sales periods in the lower growth regions as well as buyers having to accept slightly larger than average discounts on asking prices.