London slips down luxury property price growth index

7th August 2015

Knight Frank's latest quarterly index of luxury property shows that prices of prime London homes edged up by 2% in the last year.This places it 21st for price growth in a list of 35 cities monitored by Knight Frank.Vancouver, Miami and Sydney were the top performers with prime prices increasing by 15%, 14% and 13% respectively in the year to June. Knight Frank said the index has risen for 22 consecutive quarters, but the pace of growth almost halved in the last year with annual growth falling from 5.2% to 2.5%.
Daily Mail