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The UK Property Market.....Residential Review 1st Half 2010 Research by Hurford Salvi Carr

Salient Points are as follows:

  • Sales price in Midtown and across the City rose by an average of 6% and are now within 3% of September 2007 levels
  • Prices in Docklands rose by 9% but remain 8% below September 2007 levels
  • Frustrated renters have been unwilling to pay higher sales prices and unable to compete with cash buyers
  • Purchasers based in the Far East have been big buyers of new homes in prime City locations as prices broke through the £1,000/sqft barrier
  • Rents rose 7% on average across the Midtown, City and Docklands

        With acknowledgement of kind contribution from www.hurford-salvi-carr.co.uk

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