The looming election deters sellers with property listings down 15% while lower house prices tempt buyers looking for bargains.
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Category Archives: London House Prices
For homeowners the time it takes to sell your property of 12 weeks is at a three year high increasing from 8 weeks in 2016.
House prices coming to the market in London have reduced by more than £13,000 this month helping to move property more quickly.
Deposits for first time buyers to purchase their first home have increased by 52% over the past decade according to the Halifax.
Homes in Greater London have risen year-on-year for the first time in two years with new seller asking prices 1.3% higher.
House prices for the typical home rise £2,046 in the first six months of the year equivalent to a good bottle of wine, says Zoopla.
House prices in England are dragged lower after the biggest fall in London prices since the financial crisis down -4.4% annually.
Buoyant northern regions sends newly-marketed property prices to within £91 of a new record even with uncertainty over Brexit.
The price of flats in England are lower by -2.1% for the year driven by negative growth for this property type in London.
Home buyers in London are willing to pay the highest premium of £42,900 to live within 500m of a tube, metro or rail station.