What has been the trend in house prices in the City of Westminster over the past year?
Central London House Price Drop Is Temporary, Northacre CEO Says

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Business, Social Studies
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Prices have increased by 10%
Prices have decreased by 37%
Prices have remained stable
Prices have increased by 37%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main challenges faced by the luxury property market in London?
Decreasing demand for luxury goods
Lack of interest from local buyers
Travel restrictions affecting foreign buyers
High competition from other cities
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the secondary market in areas like Chelsea and Westminster performed recently?
It has shown resilience with price increases
It has seen a decline in prices
It has remained stable
It has been unaffected by market changes
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has the pandemic highlighted about people's preferences for homes?
Homes are less important than other luxury goods
There is a decreased focus on home spaces
People prefer smaller living spaces
Homes have become a central focus of desires
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected trend for urbanization according to the speaker?
Urbanization will remain unchanged
People will permanently move to the countryside
Urbanization will decline permanently
Urbanization will continue after a short-term blip
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