London’s Houses for the Super Rich Aren’t Selling

London’s most expensive homes are having a tough time selling, with both demand and deals down. According to a new report from real estate company Knight Frank, there were 22% fewer sales above £10 million ($13.2 million) in the 12 months to July, compared with the same time period from 2022–23. Bloomberg’s UK Pursuits Correspondent Sarah Rappaport joins the Daybreak Europe Radio show to explain why.
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