Real Estate
London Property Faces Hit From Trade War, Rightmove Says
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House prices in London will suffer more than any other part of the UK from US President Donald Trump’s trade war, real estate agents warned, as a global demand slowdown risks hitting the city’s already struggling market.
Asking prices in London rose just 0.5% on average in April to £699,200 ($912,950), property website Rightmove said Monday. The capital was the only UK region to record fewer buyer inquiries than a year earlier.