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The Independent UK
The Independent UK
Business
Vicky Shaw

Why demand has fallen for homes priced at more than £500,000

Zoopla Kevin Shaw Richard Donnell England Inflation London

Homebuyer demand for properties priced at more than £500,000 has softened, according to property portal Zoopla.

Based on buyer enquiries, demand for properties priced above that amount has fallen in recent weeks by 4 per cent, with a 7 per cent decrease in new listings, compared with a year ago.

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