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London Barometer
Having correctly called the market last year, we are sticking our neck out again this year. Despite the general consensus that there will be little growth in London in 2013, we are of the opinion that the lack of supply and continued demand for property from abroad and at home are even more pronounced, so eight per cent growth in Central and South West London should be realised. However, we foresee lower growth in prime central areas, but this will be balanced by stronger growth in family markets like Southfields and Hammersmith where prices can be expected to rise by as much as 10 per cent.