04 Sep 2013 Back

CRISIS IN 2013?

Demand in London for offices and luxury homes in London is booming according to our research.





In the residential property market we have found that in London this year it has outperformed itself in residential property demand in comparison to levels recorded before the recession. According to the Center for Economics and Business Research they have clearly found in London's prime housing market demand is souring to new levels. According to the Times their figures show that 1,387 houses sold last year at £2 million-plus in comparison to 1,297 sold in 2011.  This was also over 13% higher than the peaks of 2007.

Victor Harris Commercial support this testament and have themselves seen the demands strain availability of office space in Central London. Unfortunately this comes with its drawbacks because now office rents are on the rise, will they ever stop?






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