London sales suffer pre-festive dip

Maxwell, Estelle
December 2009
EG: Estates Gazette;12/12/2009, Issue 949, p45
Trade Publication
The article reports on the decline in the success rate of real property auctions in London, England in December 2009, compared with October. Some are said to predict that prices may have peaked as a result of the lower sales receipts and success rates. Firms that have experienced drop in their sales for the period include Allsop, McHugh & Co. and Savills. Simon Parker, Savills' commercial auctioneer, noted that buyers are price sensitive.


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