By PrimeResi.
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Black Brick Managing Partner Camilla Dell has been quoted in PrimeResi’s latest prime property market round-up, offering her assessment of London’s shifting position on the global stage.
Commenting on the capital’s prime market, Camilla noted: “There was a point when there was a perfect storm which propelled London’s market to the top of the global league, but that time has passed.”
The round-up highlighted a number of key trends shaping the prime London property market, including a fall of over 30% in Prime London sales transactions in July compared to the previous year, slowing rental growth of 3.3% against a revised 5.4% in June, and just 466 sales completing in Prime Central London during Q2 2025 — 7% below the same period last year.
The data also pointed to a significant supply shortage in new homes, with fewer than 2,200 new private homes started in London in the first half of 2025, and average UK house prices rising 3.7% annually to £269,000 as of June 2025.
Read it here.