04-07-2014

Latest House price report – London leads the way!

According to Nationwide’s latest house price report property prices continue to increase with London house prices up to 26% year on year. Prices are now 30% above the peak of 2007 before the property market crashed. The average price of a property in London now exceeds £400,000 for the first time.

Is this sustainable? How do we slow it down? Does it need slowing down?

Fox Davidson Team.