Housing in London has become the most affordable in a decade. However, the British capital remains one of the priciest places to live in the United Kingdom.
Record-Low Property Prices in London: Beyond Affordability or a New Wave of Opportunities?
According to Zoopla, current prices exceed the average income of British workers by 13 times, the lowest since 2014.
Rise of sales:
With a positive start to the new year, contract sales have risen by 13%, and the demand for real estate in London has surged by 21%. Property listings are now 20% higher than a year ago, showcasing market stability.
In light of these changes, investing in British real estate becomes more enticing, offering more accessible prices, market stability, and growing demand.