CRIBZ > GUIDES > LONDON
London's housing market has been a steady performer over the years, popular with affluent investors from all over the world.
There has also been a large effort in urban renewal and repositioning of housing in the Zone 1 & Zone 2 regions which we focus on.
Crossrail and ongoing expansion in the financial centre have improved mobility for the 8.2m residents who call London home.
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London enjoys a vibrant, diversified and mostly services economy. The unemployment rate is currently 4.5%.
Crossrail London is a £`16bn project, consisting of a 73 mile line connecting East and West London.
The Median London house prices is currently around £500k, but the Zone 1 & 2 areas we focus on are higher.
The London housing market is now in one of the longest declines in history. We see scope for improvement once the Brexit dust settles.
But until that occurs, we can't see any significant price rises, particularly in the Zone 1 & 2 regions which we focus.
Predictive Analysis: Falling Market