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London prices on the slide

Language: English Series: Financial Times ; 24/25 October 1998, 2.16(1)Publication details: 1998Subject(s): Summary: House prices in central London are falling. Some properties are selling for 20% less than the price set six months ago and estate agents have reported instances of gazundering. It seems to be the result of the crisis in the financial sector.

House prices in central London are falling. Some properties are selling for 20% less than the price set six months ago and estate agents have reported instances of gazundering. It seems to be the result of the crisis in the financial sector.