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Real Estate Briefing - Categorized | Developers, Market Moves more

London luxury home market risks price crash

Posted on 04 September 2012

Mark FarmerDevelopers rushing to build top-quality London homes to cash in on strong overseas demand are in danger of being stung by a price crash as they flood the market, property consultancy EC Harris said.
Over 15,000 homes in developments worth more than 38 billion pounds are due for completion in London’s most expensive neighbourhoods in the next ten years, a 70 percent jump on last year, an EC Harris report said on Monday……………………………………….Full Article: Source


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