Brexit, Political Uncertainty Impacting London Home Prices

According to global property advisor Knight Frank, London home prices declined 0.6% in 2018, but markets are increasingly localized and performance differs greatly by borough.
There were 20% fewer dwellings added to London's housing stock during 2017-18, though delivery remains well above the pre-crisis average. The construction and planning pipeline suggests delivery may fall further. Just five of London's 33 boroughs met their targets for housing need during 2017-18 and twenty delivered less than half.

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