November Briefing: Prime London Real Estate Market Shows Signs of Recovery
Manage episode 452204669 series 3612206
In this episode of London Property Digest, we explore the latest data from October 2024, highlighting a surge in prime London real estate sales transactions, including high-value properties (£5m+). While average property prices are still down year-on-year, the decline is slowing significantly. Meanwhile, the rental market saw slower growth, with fewer lettings but a slight increase in available properties. Join us as we break down these trends and what they mean for London’s property market.
The Story Behind London Property Digest:
Originally created to keep our team at Longrad sharp and informed, we’re now sharing these insights with the wider community — offering you a fast, comprehensive London property update on the go.
About Longrad:
Founded in 2005, Longrad is an independent consulting agency specializing in the individual selection of prime residential and commercial real estate. With over 19 years of experience in the luxury real estate market, our team of qualified professionals knows London’s property landscape like the back of their hand.
For more information about London property market, visit our website at longrad.com.
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