Property supply slumps in London

11th August 2017

New research shows that the number of homes on sale in the UK fell 1.9% in July, after a 1.6% drop in June. This figure more than doubled in London, with a 4% fall in the number of homes coming onto the market. Bexley was the worst-hit borough, with new sellers falling almost a quarter, followed by Barnet, with a 19.9% drop. However some locations offer hope: Redbridge saw its supply rise the most (23%), followed by Hounslow (19%).

City AM (07/08/2017)