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UBS: Here’s why 2018 will be a bad year to invest in London’s housing market

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  • Investors in London’s turbulent housing market can expect a shaky year
  • In a note sent to clients, strategist Caroline Simmons said surveyors expect prices in the capital to fall by 0.4% this year, compared to a 2% rise in 2017.
  • Prices in Prime Central London have fallen the furthest, but that decline seems to have bottomed out.

LONDON — Investors in London’s housing market can expect a shaky year, according to UBS Wealth Management.

In a note sent to clients, strategist Caroline Simmons said surveyors expect prices in the capital to fall by 0.4% this year, compared to a 2% rise in 2017.

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Source:: BusinessInsider.Com