London Property Takes the Brunt of U.K. Housing Slowdown: Chart

London’s property market has lost some of its luster in recent months and it’s not just Brexit. The traditional summer lull is being compounded by payback after an investor rush at the start of the year to beat a tax change, a surge that sent price increases in the capital close to 15 percent. While U.K.-wide growth has continued, London’s internationally-driven property market is seeing a marked slowdown, with a recent survey showing it’s taking longer to sell homes.

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