Savills: Buy a House in London Next Year & Sell in 2015
05/11/2009
The “ideal” time to buy a London home and cash in on price rises is the end of next year, housing economists said today.
Property prices in the capital are on track to fall 4.1 per cent again next year, wiping out this year’s recovery from January’s low.
But from 2011 they are expected to soar for the following five years by 31 per cent, researchers at estate agent Savills predicted.
Source: Savills