60% of sales going to best & finals in parts of London as competition hits ‘fever pitch’
83% of Savills agents have seen an increase in competitive bidding in recent months
High-end sales still surging in Prime London
LonRes records spike in under-offer numbers as prices breach pre-pandemic levels
Prime London market busier than post-election bounce, as high-end sales continue to soar
The £5m-plus market has been flying over the last three months, reports LonRes, with exchanges up by nearly 20%.
Prime London sales running well above pre-pandemic levels, but ‘realism needed on pricing’ as time to sell slows
The breakneck pace of early 2021 has not been matched, but last month's deal volumes were still up by nearly a third on February 2019;
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Foxtons confirms soaring sales revenue & profit
Following a torrid week in the press, high-profile agency claims 'significant market share gains' & reiterates 'commitment to an inclusive, professional and respectful culture' in annual update to investors.
What $1mn buys where: How prime residential buying power has shifted in the last decade
Knight Frank flags a remarkable shift in London's fortunes on the global luxury property stage.
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