Property Drum: Capital Calms Down
Mon 01 Sep 2014
Commenting on the RICS latest figures, Peter Rollings, CEO of Marsh & Parsons, said, "The housing market hit the ground running at an unbelievable pace at the start of this year, but it couldn't maintain this speed longterm and as we move into the second half of 2014, the market has settled into a more sustainable rhythm."
"The process of buying and selling property in the capital is noticeably less fraught and off putting than it was a couple of months ago. This month, we recorded 12 registered buyers for every available property in the city - half the level witnessed in January, but still representing a healthy level of demand."