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High Demand for Property for Sale in Fitzrovia
3 pages
Publié par
smithjohnson34
High Demand for Property for Sale in Fitzrovia
Despite the economic crisis and eurozone woes, the booming property market in
London shows very few signs of slowing, particularly in prime central London
were property prices are at a...
[Plus]
High Demand for Property for Sale in Fitzrovia
Despite the economic crisis and eurozone woes, the booming property market in
London shows very few signs of slowing, particularly in prime central London
were property prices are at a record high.
The latest data produced by CBRE shows that the average price of a home in
prime central London has appreciated by 35 per cent over the last three years
and is now 16 per cent above the 2007 peak.
Furthermore, the property group estimates that the average price of a home in the
heart of the capital will appreciate by six per cent this year in stark contrast to the
rest of the UK.
The property market in London is ultimately being supported by rising demand
from national and international homebuyers, while housing supply is being
restricted by a lack of new build homes.
This has created a shortage of property
for sale in Fitzrovia, Chelsea, Kensington and Marylebone, among other
desirable places in London.
“An acute stock shortage and unprece
[Moins]
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