Mayfair Bucks Downward Price Trend

Whilst most of the rest country are seeing accelerating house price falls, research by Knight Frank apparently shows that property prices in Mayfair were up 10% so far this year. Mayfair – termed a “super-prime” district, alongside areas such as St James’ and St Johns Wood – has seen these price increases primarily because there continues to be a shortage of stock.

Read more – Telegraph: London property market: Down, but not out…