London Property: Here Comes the Crash

by Bloomberg News

– Jitters surrounding London property are finally starting to show up in home prices

– Brexit uncertainty, rising interest rates, higher sales tax and stretched affordability

– Islington suffered the biggest declines, with home prices falling 7.8 pct in 12 months as per official data

– Surveys have shown declines for several months, but now the end of the boom is clear in official statistics too according to Bloomberg analysis

London median, Islington, Wandsworth & Southwark prices. Must See Interactive Graphic Piece From Bloomberg News

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