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Housing Today
Trusted media brand of the Chartered Institute of Housing
London house prices set to fall next year
But Savills’ five year forecast predicts strong growth in other areas
House prices in London will fall next year and not start to strongly recover until 2024, according to the latest forecast by Savills.
The high-end estate agent said it expected prices to fall 2% in the capital next year before beginning a slow recovery afterwards, ultimately delivering weak growth of just 4% between 2020 and 2024.
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