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People from larger markets, other countries competing with first-time buyers in London market

The average selling price of a homes listed in the London area climbed over the $825,000 mark in February. But who, exactly, is creating all the demand that’s driving the upward spike? Several groups of buyers have helped push prices to record levels during the last two years. The exact proportion of each demographic in the market isn’t completely clear, and changes from month to month, but here are most of them. Read More

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