Luxury Real Estate Recovers in London Says Bloomberg

The media continue to talk up the luxury real estate market with some pretty fantastic – and I use the term in it’s literal sense – headlines amidst question marks, false positives and negative predictions all of which add to the confusion and serve the opposite purpose to that which was intended. The latest headline from Bloomberg reads, “London Luxury-Home Prices Rise on Lack of Properties,” and goes on to say,  “Luxury-home prices in central London rose 4 percent in the third quarter from the previous three months as buyers competed for fewer properties,” according to Savills – which is a half truth at best.

Read more on Luxury Real Estate Recovers in London Says Bloomberg…