The Telegraph: Russell Simpson research reveals prime property market soars under Conservatives
- By Adam Foster
- 16 April 2015
New analysis from Lonres and the estate agent Russell Simpson has shown that the number of high-end sales will drop 27pc if Labour is elected.
However, if the Conservatives win then transaction volumes jump 20pc. The heightened demand will then boost house prices.
The research analysed the six-month period before and after all general elections since 1992, when John Major retained a Conservative government. The number of £2m homes that sold in the following half year rose 19pc.
After Tony Blair’s win in 1997 and 2001 sales fell 23pc and 27pc respectively.