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London Property Market 03 February 2020

London Residential Property Market Report - Winter 2019/2020

In the winter of 2019/2020, there were some key trends seen in the sales market of London residential property:

  • December's General Election result triggered a dramatic increase in buyer interest
  • Ongoing shortage of available properties continues to dampen market
  • Prices increased across high value areas - some record deals acheieve since the Election
  • Sales of new homes fell by 5% in 2019

For lettings:

  • Strong demand from tenants maintained over the final three months of 2019
  • Lack of available rental properties in many locations
  • More widespread growth of rental values
  • Further increase in investment yeilds over 2019

With further comments, on the supply and demand, changes in price for both sales and lettings, comments on the New Homes market and more, read our full report below.