London Luxury Home Prices Hit by Longest Slump in Decades

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It was a symbol of the swagger in London’s luxury home market: a mansion in the trendy Notting Hill neighborhood with a car elevator and a swimming pool that transforms into a ballroom at the touch of a button.

But just over a year after Havona House was listed with great fanfare for 25 million pounds ($32.3 million), the owners of the seven-bedroom house have taken it off the market, stymied by the longest price slump in decades.

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The pool area inside Havona House.Source: Casa e Progetti

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