Luxury homes in London soared at the fastest rate in a year this May, a new report has revealed.
Sharing our insights into this year’s market in prime property, Black Brick’s Founder, Camilla Dell offered her thoughts in Bloomberg this week.
“For many investors and potential owner-occupiers based in fast-growing emerging countries, prices of prime central London property are actually well below the 2007 peak in their own currency terms.”, Camilla shared.
“For international investors scouring the world for unique assets with a degree of safety that aren’t exorbitantly valued, prime central London continues to fit the bill,” she continued. “Prices are unlikely to fall soon because the shortage of properties is fueling competition between purchasers.”
Read more in the full article here.