Loading ...London Luxury Home Prices Plunge As Wealthiest Flee Ahead Of Tax-Hikes
Interestingly, alongside UK government budget anxiety, Rightmove pointed to “the decade-high number of homes available for sale” and resulting downward price pressure, mostly affecting the higher end of the property ladder.
“Months of pre-Budget speculation has taken its toll on house prices as it has with other parts of the economy,” said Tom Bill, head of UK residential research at Knight Frank.