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Sales Market Comment Summer 2018 by Eitan Fox

By Eitan Fox  //  Mon 4th June 2018
We are pleased to report, compared to this time last year, there is a 17% increase in properties coming to the market.


Summer 2018 Sales Market Comment

As we enter the summer months London’s Prime Residential Sales Property
Market remains lethargic. Whilst it remains a buyers’ market there are very early
indications that it might not stay like this, as economic and political uncertainty
begins to lift.

We are pleased to report, compared to this time last year, there is a 17% increase in
properties coming to the market. Greater volume of stock will ultimately convert into
more sales activity over the next 4 months.

Over the last couple of months we have experienced a sizeable increase in new enquiries
from overseas buyers. With the March 2019 Brexit deadline less than a year away
overseas buyers are clearly watching the market carefully. We believe the interest is fuelled by the considerable correction in prices, low interest rates and the weak Sterling.

Many are now seriously considering taking advantage of this climate rather than
waiting for the rest of the market to react. We feel now would be the ideal time to
invest in London’s Prime Residential Property when the market is still soft and
not as competitive.

Do contact us with your property enquiries.

Eitan Fox

Sales Director


Offices at

Marble Arch
29 Edgware Road
London
W2 2JE
f: 020-7258-3090
Knightsbridge
34 Beauchamp Place
London
SW3 1NU
f: 020-7581-7005