London’s Luxury Homes Lure Fewest Overseas Buyers in a Decade
- Foreign buyers sink to just 27% share of prime central market
- Overseas buyers usually account for about half of sales
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Foreign buyers are fast becoming a minor player in central London’s limping luxury housing market.
The portion of buyers from overseas plunged to just 27% in the first half of this year, the lowest since estate agent Hamptons International began tracking the data in 2011. It’s just over half that of 2020 when the pandemic locked down much of the planet.