Nick Millican has had his finger on the pulse of the London housing market for many years. This experience within the housing industry has given him the ability to spot an incoming trend. In recent weeks, he has been called upon to project some good news for the market. 

As it happens, he may finally be able to do just that. This is in response to a welcome new development. A great deal of speculation within the property purchase market has occurred in the past few weeks. Nick Millican explains that this has mostly been to do with whether or not the price of homes in the city of London will ever increase. 

Of course, they are bound to do so sooner or later; but, the expert adds, many home sellers have been stymied by a lack of proper appreciation for the work that they have put into their properties.

This is where the good news supplied by Nick Millican is bound to have a positive effect. To hear him tell it, the price of an average home in London may be worth over £70k more than its present level in five years’ time. However, there is a catch that not a lot of people seem to be paying attention to. 

Prices will fall further before they can rise. At the end of the day, Nick Millican has supplied the industry with news that it can surely make good use of. It will be up to individual property owners to decide what to do with it. The best advice is simply to hang on and wait for price rises.