The luxury real estate market in London is heading for its worst year since 2020. Experts attribute this to several factors, including economic uncertainty and rising interest rates. While demand for high-end property remains, buyers have become more cautious. Some analysts predict the market could begin a recovery next year if the economic situation stabilizes. "We are seeing a pause, not a collapse," stated one expert. However, others are more pessimistic, expecting further price declines.
