The ‘Prime Central London Sales Index’ published by Knight Frank reports that sale volumes continued to improve steadily in prime central London in July.
The Knight Frank data shows that the number of new prospective buyers between January and June increased by 12% compared to 2016 and that leading demand indicators continued to strengthen in the first six months of the year.
Reasons quoted include a weaker pound and weaker prices. This combination resulted in the prime central London property market becoming 20% cheaper for a buyer denominated in US dollars compared with before the EU referendum.
