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Prime London house prices – Q4 2022
"Central London’s performance has been relatively robust during 2022, both in terms of pricing and transactions. But during 2023, the UK is expected to teeter on the edge of a recession"
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"Central London’s performance has been relatively robust during 2022, both in terms of pricing and transactions. But during 2023, the UK is expected to teeter on the edge of a recession"
"Looking further ahead, the prime Scotland market will remain robust as the value gap and quality of life, alongside the strength and depth of Edinburgh and Glasgow’s economy, means there’s more capacity for growth, and we expect the markets here to outperform the overall prime UK market over the next five years"
"Markets further from London, where mortgage affordability is least stretched, have been most robust, with properties in the Midlands and North, Scotland, and the South of England beyond the commuter zone seeing the smallest price adjustments"
"Central London’s recovery interrupted as global economic growth slows."
"London’s super-prime market continues to experience its strongest year ever recorded"
"Some sellers may now need to slightly adjust their price expectations."
"Prime market begins to rebalance"
"For the prime residential markets around the world, soaring demand for urban living against constrained supply has caused capital values to continue rising and rental values to excel"
"Strongest half-year since 2006 for London’s super prime market"
"Strongest ever first quarter for London’s super prime market"