14th June 2023
LonRes: Prime property sales remain slow amid reduced buyer confidence
A standoff between sellers looking back at the 2021 and 2022 markets and buyers anticipating a weaker one is stifling the prime London market, research suggests.
Analysis by property data firm LonRes shows there were 26.7% fewer transactions in May compared to a year earlier, although this is only 6.0% down on...