PRIME CENTRAL LONDON
Optimism in the Prime Central London sales market has improved during the first quarter of 2017 with prices rising in all but the upper echelons of the market. However, transaction activity remains low.
- Sales prices rise in Q1
- Sales market transactions still low
- Sales demand and outlook improve
The Prime Central London lettings market has endured a difficult 12 months but there are now signs the market is picking up. Both levels of demand and transaction volumes have increased during Q1 2017.
- Lettings activity hits two-year high
- Rents fall again in Q1
- Lettings oversupply still an issue