Luxury Homes in London
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Even London’s ever-optimistic brokers see gloom for luxury homes
The Economic Times· 2026-01-30 05:27
The broker predicted that prices would drop 4% in 2025 — its most bearish call in years — though that was still a slight underestimate. It sees prices falling another 2% this year and failing to rise again until 2028.It’s a striking reversal. Since the downturn began in 2015 the broker saw prices rising a cumulative 18 percentage points when in fact they’ve fallen by 24.7 points. To be sure, a series of shocks in years when Savills had expected robust growth, including the Brexit vote, the coronavirus pand ...