21 Jan 21.01.2016 Upward trend in London property prices
21.01.2016 Upward trend in London property prices
Central London has a stable market with constantly rising prices. According to analysts, prices are expected to increase on average 5,5% annually. For example, buying a property in 2016, in 2018 on average it can be sold at 11% higher than purchase price. More significant growth in prices is forecasted in the new building projects of the Central area of London. This is due to the high demand on housing in Central London, which sometimes exceeds supply.