Homes Moving Faster in London’s Real Estate Market

Homes Moving Faster in London’s Real Estate Market
12/09/2019 , by , in INTERNATIONAL

Momentum appears to be returning to London’s real estate market as homes are selling faster in August than they have at any point this year, according to a report.

A home for sale in the British capital will currently spend a median of 93 days, or a little over 13 weeks, on the market, the report said.

Since peaking in 2014, London’s real estate market has been stagnating as a result of higher rates of stamp duty and political uncertainty. But following several months of declining marketing times, the market looks to be on the mend, the report said.

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