Evening Standard

London property's 'challenging affordability' sees it languish at bottom of global cities ranking

Source: PA Wire

A 5.5 per cent drop in property prices saw London’s housing market rank 95th out of 107 major cities around the world.

Knight Frank’s Global Residential Cities Index for Q4 2023 reported that London was one of only 18 urban centres registering declining annual house prices at the end of last year.

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