09.01.2013 - UK: What's in store for the property market in 2013?
Eco homes, Generation Rent and homes that earn their keep. It's time to find out what awaits the property sector this year. Strange but true. Around 43 per cent of homes in prime central London are valued at £1 million, an increase of 8 per cent on a year ago, according to the Marsh & Parsons London Prime Market Monitor. Property wealth is, however, spreading out of the traditional Kensington and Chelsea zones, south and west to areas such as Balham, Clapham and Brook Green. “Properties no longer have to be palatial to be worth £1 million,” says Peter Rollings, chief executive of Marsh & Parsons...............................................Full Article: Source
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