London houses are second most over-valued in world – UBS
‘Bubble index’ rates Vancouver as city with most unsustainable house prices and puts several other cities in middle of bubbles
‘Bubble index’ rates Vancouver as city with most unsustainable house prices and puts several other cities in middle of bubbles
Displacement of old money is in turn pricing neighbourhoods in south and east London beyond the reach of average Londoners – LSE report
Housebuilder has also not launched any new schemes blaming EU referendum and changes in government policy
Oil price, stamp duty and Brexit fears cause drop in areas such as Notting Hill and Hampstead but market rises elsewhere
Downturn at top end prompts developers to withhold from sale 150 flats designed by Frank Gehry and Norman Foster
Capco, which is redeveloping the site of Earls Court exhibition centre, sees shares fall amid concerns over a supply glut