Real Estate Investor Magazine South Africa May 2014 | Page 62

UNITED KINGDOM

BY MIKE SMUTS

Londown Town

The housing market is under pressure due to a lack of stock

U

K house prices hit a fresh record high for
a second straight month in April, fuelled
by a lack of propert y for sale at a time
when demand for homes, particularly in London,
continues to grow.
The 15.9% annual prices rise in th HR