Black's Property Blog

Adrian Black delivers critical property market insights and the influences, behaviour and money driving them.

There are buyers about but they are being very selective

by Adrian Black, Thursday 19 February 2015

Against the background of running up to the general election, but a firming in the odds of the Conservatives winning most seats (about 8/11 on versus Labour at 5/4 against) buyers are looking but being cautious and selective.



Given the current outlook I expect the total spend on residential property in 2015 in our west prime central London areas to be meaningfully below the spend in 2014 (perhaps by 10% to 20% - possibly a little more).  What happens to prices will be heavily influenced by supply. 

 

Subscribe

Sign up for the latest posts via RSS Rss.

Curious about the value of your property?

Get a free, no-obligation valuation and receive a YOUeye report for your property and local area.