Headlines for Monday 18th October 2021

Watch: Inside ‘London’s hottest off-market offering’, Petra Ecclestone’s ‘£170m’ Sloane House

‘Full house’ as asking prices hit record highs in every region & market sector

Every region and market sector saw asking prices rise to a record high last month, reports Rightmove; it’s the first “full house” since 2007.

Portal war steps up in NYC as top brokerages take on Zillow

Agents are describing the launch of Citysnap as ‘the ultimate gamechanger’

PROPS Awards 2021: The winners

Property industry gala raises £250k for Variety, the Children’s Charity.

Lees Associates promotes three

Luxury architecture and interior design firm marks 40 years with three promotions.

Infography: How far will £1m stretch in & out of London?

London’s average £1m home is only a third (36%) bigger than the overall average-sized home in the capital, says Savills. Buyers would get an average of 70% more space if they looked beyond the M25.

Opinions Views & analysis from prime resi insiders

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The Great Recalibration: Is the rebalancing of London and regional property markets here to stay?

The number of £1m+ homes outside of London grew by 95,500 in the 18 months to June 2021, while in London, they rose by less than a fifth of that figure....

‘Vendors who don’t act on their agent’s instruction and reduce their prices now are going to come unstuck’, warns Cluttons boss

The majority of Central London properties are currently about 4% adrift of where the market is, says James Hyman… The Central London sales...

On the vicious cycle of low supply

There is currently a massive imbalance in the UK market with 13 buyers for every property listed, according to Knight Frank. Here, the firm’s Tom Bill...

Long Reads In-depth features on prime resi matters

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In Pictures: RHS Chelsea Flower Show 2021 Gold Medal Winners

The world’s greatest flower show returned this year, held for the first time ever in September, but with the usual display of cutting-edge garden design....

Inside Lancer Square: The super-prime development setting ‘a new residential standard’ for Kensington

The first residents are about to move in to one of Kensington's most-anticipated new luxury property developments: Lancer Square "sets a new residential...

Five numbers that lay bare the mammoth effort needed to insulate Britain’s homes

Environmental activists recently blocked junctions of the M25 – London’s orbital motorway – to protest the glacial pace at which the UK government is...

Prime Movers Indices The key players at the top of the market, ranked & profiled

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