Prices in London’s luxury housing market slumped by almost 7% over the last year amid sky-high stamp duty rates and Brexit uncertainty, but sellers might have reason for optimism.

The average cost of a high-end home in prime central London fell 6.4% in the year to March, according to global real estate consultancy Knight Frank’s latest health check of the market released Monday.

Read more on: www.mansionglobal.com