Tuesday, January 15, 2008
Most areas of the capital experience a fall in average asking prices. Average prices of prime London property for sale finish the year 13.0% higher than in December 2006, although significantly down on the yearonyear peak of 31.2% witnessed in the boomtime of June 2007. Prime country property for sale in the South is hit hardest, with month on month prices down 1.9% in the South East. Rental values of prime London rental property decline in December, down 0.1%, due to unprecedented unrented stock and weakening corporate demand. HURRAH!!!!!!!!!!!!!!!