Opinion: London’s luxury real-estate prices hit bear-market territory
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If you think Brexit may be about to hit the massive London real estate market, think again. It already has.
Prices in London have been tumbling at the fastest and steepest rate since the 2008 financial crisis, and from the viewpoint of international investors, top-quality London homes have now entered bear-market territory — meaning a fall of more than 20% from the top.
Read more on:
www.marketwatch.com
Source : Opinion: London’s luxury real-estate prices hit bear-market territory