Demand for luxury homes falls

Demand for luxury homes falls - 2001 - Financial Times 21 June 2001, 26(1) .

Residential agent Chesterton International has issued a profits warning for the year to 30 June 2001 in response to a sharp fall in demand for upmarket London homes. Chesterton's chief executive has commented that sales of the most expensive houses are 50% down on the same period last year.


CHESTERTON INTERNATIONAL
RESULTS
Sales
LUXURY HOMES MARKET
HOUSE PRICES