New buyer enquiries in London fell sharply in both March and April, as did house price expectations. With house prices already very high, the data point to a sharp slowdown in price growth and activity in the coming months. This is consistent with our view that house price inflation in the capital will slow to 0% y/y by the end of 2016.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.