Tuesday 29, May 2012 by Robin Amlôt
Middle Eastern buyers return to London residential
The average house price in central London now stands at £820,200 ($1.289 million) following a 2.3 per cent increase in the first quarter of 2012, research from CBRE has revealed. Prolonged demand from overseas investors has maintained the upward pressure on house prices in central London, which are now 16 per cent above their 2007 peak.
