Central London party's over
Donnell, Richard
Central London party's over - 2005 - Property Week 70(22) 3 June 2005, 50(1) .
Commentary on the central London residential property market where investors who have driven the boom are becoming more cautious. Notes that take-up in this market has reached record lows in the last two years as a result of poor yields and an uncertain outlook for house prices. Average new-build values have held up and average new-build sales values have remained flat over the last three years. Expects take-up and investor to remain subdued. The biggest issue for developers is whether owner-occupiers will pay investor prices for new-build homes. Graphs.
Central London party's over - 2005 - Property Week 70(22) 3 June 2005, 50(1) .
Commentary on the central London residential property market where investors who have driven the boom are becoming more cautious. Notes that take-up in this market has reached record lows in the last two years as a result of poor yields and an uncertain outlook for house prices. Average new-build values have held up and average new-build sales values have remained flat over the last three years. Expects take-up and investor to remain subdued. The biggest issue for developers is whether owner-occupiers will pay investor prices for new-build homes. Graphs.