Signs of a bounceback in the London property market?
Property market updates | 13.03.24
In our latest market update, we delve into the key factors fueling a resurgence in the London property market. Robust employment growth is sparking a spike in demand for housing, while the resumption of international travel, now reaching 95% of pre-pandemic levels, alongside a robust rebound in tourism, contributes to the city's vibrancy. An astonishing 30%+ surge in private rents since 2021, underscores the city's dynamic rental market. And with London presenting its most attractive value proposition in over a decade, coupled with the easing mortgage rates, we ask: are we witnessing a bounceback in the London property market?
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