Is it time London redefined its prime addresses? JLL’s recent report suggests that the continuing under-supply in the property market has shifted the gears of London real estate.
According to JLL, the Brexit shock is over and the real estate market is starting to pick up again. JLL forecasts a rise of London house prices by an average of 8.7% over the next five years, with UK average house price growth of 2.5% from 2018 to 2022.