London is a leader in selling luxury real estate.

Specialists Chesterton Humberts predict an unprecedented rise in prices of luxury properties in London in 2013. This belief is supported by the fact that during the 2012 the growth of the real estate market in London (10.4%) exceeded the growth of oil prices (+2.5%) and gold (+8.3% per year). According to the expert statements, prices will rise by 3.2%, that will affect significantly the cost of luxury housing. One can only imagine how much will cost a house in the British capital in a few years, as far as experts announced, that the prices will continue to rise for 5 years and will grow by 7.3%. This happens due to steady demand and tight supply for real estate that exists in the city. The main buyers of luxury houses are foreigners. Investing into the real estate - is one of the safest investments, especially if the property is located in London. Also, a considerable number of parents buy for their offsprings houses in the city, as far as children study here. All in all creates a huge demand for real estate in London. It should be noted that quick increase in prices takes place is in large cities. For example, in the areas of Knightsbridge and Belgravia recorded the highest quarterly growth - 4.9%, the next is Islington - 2.9%, but in Chelsea and South Kensington there was a prices fall by 1% in the last quarter of 2012. Most people in London are not pleased by such real estate prices, as far as high-quality apartments are not available for everyone now.