Ray of light for prime property buyers

The UK's dire property market may be nearing a trough as vendors become more realistic with valuations and buyers regain confidence, according to a UK estate agent.

Experts say the bottom of the prime property market is nearing after high-end property, priced above £1m, slumped as much as 20% in 2008 as vendors became more realistic about what their property was worth, according to a report from Knight Frank.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire