Inner London house prices fall at fastest rate since the global financial crisis
London Property Digest, by Longrad
January 29, 20264m 54s
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Show Notes
Inner London's housing market is experiencing its sharpest decline since the global financial crisis, with prime areas like Kensington & Chelsea and Westminster seeing prices plummet by over 15% year-on-year. This downturn is driven by policy uncertainty, affordability challenges, and a significant drop in international demand. Understanding these shifts is crucial for anyone involved in London's property scene, as they signal a major transformation in the market's dynamics.