PRIME LONDON MONTHLY BRIEFING
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The latest LonRes Monthly Briefing reveals the intricacies of the prime London market, offering valuable and exclusive insight into what's actually going on.
Sales figures reflect a quiet summer, while record-breaking rents indicate continued growth in the rental market.
Keep up to date with the latest developments in your September Market Briefing.
Digest your latest briefing now by completing the form:
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above and belowAverage achieved sold prices fell by 1.0% compared to a year earlier, a slower pace of decline than last month. -
A Quiet Summer
New instructions were down 16.5% compared to last August and the number of properties going under offer fell by 17.1%...
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RECORD-BREAKING RENTS
Average rents across prime London grew by 8.8% on an annual basis in August, taking them to the highest level ever recorded...
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RISE AND FALL
... [there was] a 6.5% increase in new instructions, with activity remaining at around half of pre-pandemic levels.
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