| 31.08.2009 - London’s luxury homes sell at the fastest pace since July 2007 |
| From Bloomberg: London’s luxury homes this month sold at the fastest pace since the market started to slide more than two years ago as overseas buyers took advantage of a weakening pound, Knight Frank LLP said. About 250 homes and apartments costing more than 1 million pounds ($1.6 million) were sold during August, compared with about 75 a year earlier, said Liam Bailey, head of residential research at the London-based broker..............Full Article: Source |