on15 November 2024byIseeb Rehman
Sherwoods London Market Update 2024
The third quarter of the year is typically a mixed one for
the prime London sales market, often starting with a quiet
summer followed by a lurry of September activity. 2024
has not quite stuck to that script, with the usual rhythm
upset by a surprise early general election right at the start
of the quarter. We had a busy July, even quieter than usual
August, and then September picked up again.
I highlighted previously that the resounding Labour win
could provide a ‘sense of stability’ that would beneit the
housing market, but that didn’t last very long. Instead, we
have seen a protracted lead-up to their irst Budget and
increasingly dire warnings about the state of the economy – not the best way to rebuild confidence