The rush to buy property in the capital is slowing because pent-up demand caused by the 2008 crash has started to slow, a housing expert said.
Richard Donnell, director of research at property analysts Hometrack explained:
Overall, market conditions have been strong since early 2013, as a result of pent-up demand returning to the market outside London and with buyers encouraged by low mortgage rates and the launch of Help to Buy, but it now appears that market sentiment is starting to change.
"House prices were unchanged in London over the month, the lowest monthly change for 19 months.
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