Monday, December 3, 2007
Prime London properties losing £5,500 per month
The volume of prime London property for sale rises to record levels in October, up 54.6% on last year and up 12.9% on last month (looks like the sheeple have started panicking). Average prime London property prices fall for the third consecutive month, down 0.8%, wiping over £22,000 off the average sale price of a prime London home since August 2007. ***** Now if that continues, we are looking at nearly £70,000 over the year - pretty much wipes out the "£1,600 per month rise" the press were bleating about last year. Ahhh - it's nice to be proved right. Sit back and enjoy the ride people.