London housing market

Meeting: 
MQT on 2014-10-22
Session date: 
October 22, 2014
Reference: 
2014/3621
Question By: 
Andrew Boff
Organisation: 
GLA Conservatives
Asked Of: 
The Mayor

Question

Further to the recently reported fall in house prices and demand in London, what factors do you attribute to this, how can they be resolved, and what are the likely consequences for future house building?

Answer

Answer for London housing market

Answer for London housing market

Answered By: 
The Mayor

House prices in London are affected by a wide range of interacting factors and there are no signs of detrimental impact on supply.