Brexit Bust? London Domestic Expenses Fall For 1St Time In Eight Years

London prices fall for 1st time in 8 yearsThe doomsday scenario envisioned by some observers has failed to materialize, with initial price declines being limited to central neighborhoods that had been especially frothy.
London home prices slipped 0.6% in the quarter ended September, according to Nationwide.
Savills predicted this week that the most desirable London neighborhoods could see prices rise 20% by 2022.
London property prices have fallen after years of runaway increases.
But continued uncertainty over Brexit and the U.K.’s future trading relationship appears to have taken its toll.

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