LonRes FirstSight - Is now the time to buy in Prime Central London?
9 January 2019
//php print ($title); ?>
With a rise in under offer properties and agents anecdotally reporting an uplift in the number of applicants registering, as we start 2019, is now the time to buy in prime central London (PCL)? Download the two-page report and find out.
Could now be the time to buy in PCL? For some, it appears the answer is 'yes'.
Over the second half of 2018 the number of properties in PCL going under offer increased by 6% compared with the same period in 2017. This followed an 8% fall in the first half of 2018. Indeed, in every month since June the number of properties going under offer has risen (on a rolling three-month basis) compared with the same period in 2017.
WHY THE INCREASE?
Marcus Dixon, Head of Research at LonRes, brings you data and analysis detailing the reasons behind the increase. More importantly, will this lead to an increase in transactions in 2019? We will be watching this for you.