Unlucky for some in London

21st March 2014

More than 13 new buyers are competing for every new instruction on the housing market in London, according to research by Sequence.

The estate agent found the number of new buyers registering interest with the firm had grown by 25% compared to the same period last year. Sequence’s chief executive David Plumtree said: “The shortage of available property is resulting in rapid price growth, with London prices up 22% annually”.

Source:   Evening Standard (18/03/2014)