Deals Are Slipping for London’s High-End Homes, but Appetite Remains in the Most Upscale Neighborhoods

16 December 2022

Mansion Global 

London’s prime housing market, despite being more shielded from the economic challenges impacting the wider housing market, has proved it’s not immune after all, according to a report Friday from LonRes. 

The number of homes under contract across the capital’s prime enclaves, which includes the neighborhoods of Chelsea, Kensington, Mayfair and Knightsbridge, was down 14.6% in November compared to the same time last year, and finalized sales were 4.8% lower, the property analysts said. 

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