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Stefan Schubert: London prime housing prices fall to 2013 levels, down 30 percent in real terms

Stefan Schubert: London prime housing prices fall to 2013 levels, down 30 percent in real terms
London prime home prices drop sharply

House prices in some of London’s most expensive areas have returned to 2013 levels, according to Stefan Schubert. The decline marks a 30 percent fall in real terms, highlighting notable weakness in high-end segments of the London property market.

Schubert’s observation points to significant price corrections over the past decade for premier London neighborhoods.

Schubert has previously questioned the use of non-inflation-adjusted benchmarks, noting that the Brent crude price topped $200 in 2008 in current dollars. He has also commented on historic pay trends, observing that Swedish wage compression in the 1980s exceeded levels seen in the Soviet Union and the UK. His recent remarks add to a history of tracking long-term financial shifts through adjusted comparisons.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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