Archive for June, 2008
homewoners cut prices in london
Homeowners have been forced to cut the asking price on their properties by 1.2 per cent during the past month as the reality of the housing market downturn hits home, according to figures published by the property website Rightmove. Householders in England and Wales had to reduce the cost of their home by nearly [...]
London's Luxury Property Prices
Luxury-home prices in central London, the world’s most expensive location for prime real estate, fell the most since the first quarter of 1992 as sales slumped, Knight Frank LLP said. The average price of houses and apartments costing more than 2 million pounds ($3.9 million) fell 1.5 percent in May from a month earlier, Knight [...]
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