London house prices falling at fastest pace since GFC

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By Leith van Onselen

From Bloomberg comes news that London’s house prices are falling at their fastest pace since the Global Financial Crisis:

London house prices are falling at the fastest pace since the depths of the recession almost a decade ago, with the capital’s most expensive areas seeing the biggest declines.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.