Liam Bailey, Knight Frank

Liam Bailey, Knight Frank

3 September 2019
No-deal Brexit Could Hit House Prices': Still Worth It For Investors?
According to research by Knight Frank, which assesses prime international residential market movements and currency swings to pinpoint opportunities for global investors – London is offering the biggest relative residential price discounts in comparison to other major cities. In June, the number of new buyer registrations in prime Central London rose by 31 per cent compared to a year ago, while viewing volumes were 26 per cent higher than their five-year average. A combination of price falls and a weak pound resulting from Brexit uncertainty are the named reasons behind the results. Slowing markets in New York, Singapore, Sydney and Vancouver also means there are discounts for many global investors in these locations. Liam Bailey, Global Head of Research, Knight Frank shares more on the falling pound and its impact on prime residential prices in the London market.

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