Eurozone wrangling burnishes London's lustre [electronic resource]
Eurozone wrangling burnishes London's lustre [electronic resource]
- London 2012 Knight Frank
- Knight Frank UK Residential Market Update June 2012 .
Prime central London prices rose by 0.7% in May and were up 10.7% year on year. Average UK house prices rose by 0.3% in May down 0.7% on an annual basis. Rents in prime Central London fell by 0.3% in May. Fear over the fate of the Eurozone is affecting economic confidence in the UK and around the world. Eurozone investors are continuing to regard prime London property as a safe haven, boosting prices.
KNIGHT FRANK UK RESIDENTIAL MARKET UPDATE
UNITED KINGDOM
Prime central London prices rose by 0.7% in May and were up 10.7% year on year. Average UK house prices rose by 0.3% in May down 0.7% on an annual basis. Rents in prime Central London fell by 0.3% in May. Fear over the fate of the Eurozone is affecting economic confidence in the UK and around the world. Eurozone investors are continuing to regard prime London property as a safe haven, boosting prices.
KNIGHT FRANK UK RESIDENTIAL MARKET UPDATE
UNITED KINGDOM