UK prime residential markets winter 2008 [electronic resource]
Language: English Series: Savills UK Prime Residential Markets ; Winter 2008Publication details: London Savills Research 2008Subject(s): LOC classification:- 333.33 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 146339-1001 |
Prime residential markets report shows considerable volatility in sales figures (both values and number of sales), commensurate with the tumoil in world financial markets and consequently the city. Shows that prices for prime property in central London fell by 3.9% in the third quarter of 2008 and that they now stand 12.3% below their peak value in 2007. Suggests that prices will fall further during the next 12 months as a direct result of a widening recessions and proposes that if and when a recovery begins, it will be driven by investors and rising yields.