Surge in the number of homes in Britain valued at 1 million-plus
Briefly

The Independent focuses on providing accessible journalism, covering critical subjects such as reproductive rights, climate change, and financial investigations. With their latest documentary highlighting American women's struggles for rights, the publication underscores the importance of being informed in tumultuous times. A notable trend in the UK property market reveals a significant rise in million-pound homes, particularly in London, while other regions see a slight decline, illustrating economic disparities. Experts from Savills point out these developments reflect broader trends and regional differences in property values.
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"Around 702,580 properties across the country are now valued at 1 million or more, representing a net gain of 3,127 such homes in 2024 compared to 2023."
"The capital now has a record 349,068 properties valued at 1 million or more, meaning one in every 11 homes in London falls into this category."
Read at www.independent.co.uk
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