Fortune· 1h ago· 1 min read
Wealthy Americans are swapping U.S. ZIP codes for foreign postcodes , chasing stability as the U.S. grapples with a soaring cost-of-living, political polarization, and economic uncertainty. And now, they’re snapping up prime real estate in one of the world’s most expensive housing markets: London.
The British capital has witnessed a staggering jump in the number of sales valued above £15 million ($20 million)—and it’s largely being driven by Americans with deep pockets, according to luxury real estate company Beauchamp Estates.
An estimated £1.24 billion ($1.66 billion) worth of property was sold across 34 deals between January and June of this year, compared to the £694.1 million ($928 million) sales across 27 properties in the same period of 2025. The average sales price hit £36.5 million ($48.8 million), a £10.8 million rise ($14.5 million) from the year before.
And in the first…
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