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Regional Performance: Cycles and Inflection points
"When we last forecast in 2022, we thought that we were in the late stages of a typical housing market cycle, that had been disrupted by the behavioural changes brought about by the pandemic. "
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"When we last forecast in 2022, we thought that we were in the late stages of a typical housing market cycle, that had been disrupted by the behavioural changes brought about by the pandemic. "

"The housing market has been a roller coaster over the past several years."

"The private rented sector has been tough for many in 2023. "
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"Given performance since 2014 it is easy to forget that the fundamentals of what attracts buyers to central London remain strong; business, connectivity, tourism and education. "
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"Higher debt costs have had a more significant impact across outer prime London, when compared to equity-driven central London. "


"A pause in price falls as we enter a period of greater stability."
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"Average rents in the 23W have increased slightly over the past quarter but experienced a mild dip on a yearly basis. Net-migration into the 23W has remained positive, and has surpassed pre-pandemic levels due to significant contributions from foreign nationals. Meanwhile, rental growth in the C5W remains stronger."
