THE LONDON BAROMETER

 
Ed Mead
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Despite the economic and political turmoil December was a surprisingly busy month for sales at D&G and remarkably one of the best of the year.

Looking back at 2011, pundits predicted modest falls worrying about the wider economy. The first half included The Royal Wedding and started slowly, but overall the year surprised everyone with a 10 per cent rise in house prices across D&G land.

Transaction levels have remained the same as 2010 and could have bottomed out but are still much lower than those seen in the heady days of 2007.

With the Olympics and the Jubilee this year, London is once again in the international spotlight and we’re expecting demand for property to stay steady, but with supply limited we expect to see prices rise by eight per cent in 2012.”