Shares in Foxtons plunged 15% after the estate agent warned that the London’s property market was cooling. The company, whose 50 branches operate mainly in the capital, reported a “sharp and recent slowing of volumes” in London sales. London house prices have soared in the past two years, but the comments add to recent data of a market slowdown. Foxtons blamed the slowdown on...
Foxtons shares tumble 15% on house price warning
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