A look at London Luxury

The London luxury market is still hot.  According to a recent study by Knight Frank, June prices for London luxury properties are up 8.1% year-over-year.  The average price was 3.7 million GBP (US $5.9 million).

Here are some recent stories on the London luxury market:

• Bloomberg: Luxury’s Not Enough for London Homebuyers to Outdo Neighbors
• Bloomberg: London Has $34 Billion of Luxury Homes in Development Amid Record Prices
• The Telegraph: Foreign buyers send luxury property values soaring