We are reading today that in 4 London Boroughs, the residential properties are now even more expensive than they were at the top of the market in 2007, Kensington and Chelsea, Richmond upon Thames, the City of Westminster and Hounslow have registered record average selling prices.
In London in general, the residential market is still around 9% cheaper than it was at the peak of 2007, but 10% more expensive than a year ago, showing a strong recovery from the prices that bottomed out at the beginning of 2009.
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