Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Which stocks could be affected by weak property market in the capital?
Thursday 15 Mar 2018 Author: Tom Sieber

Property prices in parts of London are down as much as 15% in the past 12 months and overall are down 2.6% according to data from estate agent Your Move.

This represents the steepest rate of annual decline since
August 2009, in the wake of the financial crisis.

As such it could be bad news for real estate stocks with heavy exposure to the capital like housebuilder Berkeley (BKG) and property and lettings agent
Foxtons (FOXT).

In contrast some parts of the north west of England have seen double-digit increases in average property prices. (TS)

‹ Previous2018-03-15Next ›