Economics

London Housing Market Poised to Lag Behind U.K. Regions in 2022

  • Rightmove sees property values in the capital gaining just 3%
  • CBI survey shows upward pressure on prices is feeding through
Photographer: Hollie Adams/Bloomberg
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London’s housing market is set to underperform other regions of the U.K. for a third year, with the reshaping of the capital wrought by Brexit and the pandemic continuing to hold back demand in 2022, according to Rightmove.