London — The eight-year bull run for London home values appears to be finally coming to an end. Values fell 0.5% in May from April, according to the LSL Acadata Home Price Index, and would show little or no growth in 2017, broker Savills forecast. PricewaterhouseCoopers predicts that price growth will continue to slow in 2018 and 2019 as economic uncertainty and increased stamp duty taxes damp demand. Bloomberg News asked seven market commentators to predict what they expected next in London’s £1.6-trillion housing market. Paul Cheshire, professor of economic geography at the London School of Economics and Political Science: "The turning point is just being reached. Housing prices have continued to rise relative to incomes and the affordability ratio is now at an all-time low. Real incomes are falling as the weakness in the pound feeds through to higher inflation. "The ability to raise wages isn’t there and Brexit is making everything more uncertain and worse. London is the epicentr...

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