Central London party's over
Language: English Series: Property Week ; 70(22) 3 June 2005, 50(1)Publication details: 2005Subject(s): Summary: 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.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L129970 (Browse shelf(Opens below)) | 1 | Available | 129970-1001 |
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.