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Business Live (South Africa):
Is London's housing bull run coming to an end?

19 July 2017

Bloomberg News asked seven market commentators to predict what they expected next in London’s £1.6-trillion housing market.

Paul Cheshire, professor of economic geography at the London School of Economics and Political Science: "The turning point is just being reached. Housing prices have continued to rise relative to incomes and the affordability ratio is now at an all-time low. Real incomes are falling as the weakness in the pound feeds through to higher inflation.

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The Edge Markets

London’s home price growth has flatlined. What happens next?

http://www.theedgemarkets.com/article/londons-home-price-growth-has-flatlined-what-happens-next

Read more... Business Live (South Africa)