40% of properties sold for more than their original asking price in June
"Astonishing" demand broke more property market records last month, reports Propertymark, but the estate agency organisation does anticipate "a rebalancing of the market over the coming months."
Properties sold above asking price reach an all-time high as demand continues to outpace supply
There are 16 buyers for every available property on the market, according to Propertymark.
By PrimeResi
‘Top of the ladder’ properties lead Spring’s asking price bounce
The average asking price of a new property coming to market increased by 0.9% in the last month, reports Rightmove, with four regions reaching record highs
By PrimeResi
Property sales boom ‘is not anticipated to last’ but ‘there is no sign of house price inflation losing any steam’ – RICS
Surveyors report the widest mismatch between property supply and demand since 2013, as agreed sales numbers continue to rise ahead of the end of the Stamp Duty holiday.
By PrimeResi
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Watch: Abbey Clancy interviews real estate mogul Becky Fatemi
Sotheby’s International Realty Executive Partner Becky Fatemi reveals 'raw realities' of climbing to the top as a woman in business in candid podcast episode.
Super-prime sale completes on Mayfair’s South Street
5,000 sq ft townhouse, guided at £14.95mn, attracted interest from a number of buyers.
Savills bolsters Primrose Hill sales team
Former model agent Gabriella Palmano has made the move from Foxtons' West End sales department.
In Pictures: £6.5mn price tag for Mayfair gem with interiors by Cartier maestro
Bruno Moinard-designed pad on South Audley Street is being pitched at 'bon viveurs, socialites and power players'
In Pictures: Previewing Six Senses’ first-ever standalone resi development
New Renderings: Collaboration with UAE developer is delivering the world's tallest resi tower & a 'new chapter in ultra-luxury living'
The Standard: The inside story of Highgate’s unsold £32mn mega-mansion
Lee Koffman, Trevor Abrahmsohn and Jo Eccles have spoken with The Standard about high-profile but sticky super-prime listing in North London.
By PrimeResi
Revealed: The PCL neighbourhoods where more than 9 in 10 homes sell at a discount
Private bank Coutts tells its clients where to unearth the biggest price cuts in the capital's Golden Postcodes.
‘Australia’s most iconic residence’ tipped to set new price record
Sydney super-home 'ranks amongst the best in the world'
In Pictures: Brace of King’s Cross penthouses pitched at £7.6mn apiece
Marquee units launched at 67-acre estate's flagship resi heritage building, Gasholders London.
Hamptons & Chestertons alumnus signs to Harding Green
Cezary Pyda has followed the footsteps of several former colleagues to the self-employed prime property brokerage.
By PrimeResi
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Sale agreed on Spink-designed super-home in Kensington
11,000 sq ft contemporary mansion was guided at £27.5mn and attracted competitive interest.
‘Once in a lifetime’ development opp in Islington seeks £7.5mn
'Syracusae' comes with a star-studded back story & scope for either an 'iconic' single residence, or three state-of-the-art homes.
Ranked: Countries & cities by billionaire population in 2024
Huron's latest Rich List points to a decline in China's wealth, with New York and London emerging as the world's top billionaire cities.
By PrimeResi
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‘Sentiment has shifted’ as property developers feel more upbeat
Housebuilder confidence is building, but development land 'is not changing hands at a rapid pace yet.'
By PrimeResi