Main image: Business market crash and crisis vector concept. Symbol of failure, recession, depression. Minimal eps10 art illustration.
A house price crash ‘is looking increasingly likely’, warn economists
UK house prices are "overvalued by a third and likely to fall", suggests Oxford Economics, while Capital Economics boss Roger Bootle thinks we could be looking at a 10-15% drop in property values - equivalent to a 20-25% drop in real terms.
HSBC warns of a looming house price crash
Another influential team of analysts expects a sharp downturn for Britain's property market, with London house prices likely to fall 15%.
UK house prices ‘could easily fall 10% to 15%’, suggest economists
Economists expect interest rates to spike and house sales to tumble - meaning the last year's worth of aggressive property price growth could be rolled back.
UK house price growth to slow as cost of living bites – Knight Frank
House price inflation is likely to "unwind" back to single figures across the UK, predicts Knight Frank, although Prime Central London is set for higher price growth as global travel resumes.
Most read
Luxury brokerage faces allegations of workplace misconduct
High-profile firm insists it 'does not tolerate harassment or inappropriate conduct' following Bloomberg report.
Notting Hill villa changes hands for nearly £32mn
Mid-19th century residence is one of the area's finest examples.
Former Schroders base in Mayfair cleared for prime resi conversion
'Remarkable' Upper Grosvenor Street building is set to deliver eight apartments alongside valet-led parking facility in Reeves Mews.
What WOW!house says about the future of super-prime interiors
PrimeResi tours the annual interiors showcase in Chelsea Harbour, featuring 22 installations by top studios including Martin Kemp, Albion Nord, Rigby & Rigby and Elicyon.
British Land picks new CEO
Joanne McNamara will lead the FTSE-100 property company, replacing outgoing chief Simon Carter.
By PrimeResi
Penthouse overlooking Lord’s makes market debut, seeking £10mn minimum bid
Home of Cricket-facing apartment with 100-ft terrace is being offered for sale for the first time, with all proceeds due to go to charity.
Off-market properties outnumbering online listings by 5:1 in PCL, says buying agency
Fear of not having seen everything available is now the main factor weighing on buyers’ minds and undermining confidence, reports Eccord.
Rupert Collingwood: The property ladder is freezing from the top down
If we want the market to function more efficiently again, we need to stop viewing the housing crisis purely through the lens of first-time buyers, says brokerage chief.
Plans submitted for significant 89-home refurb scheme in South Ken
Wellcome is looking to upgrade a portfolio of 34 townhouses on Evelyn Gardens, transforming former student accommodation into high spec homes.
By PrimeResi
Grosvenor backs Westminster resi scheme with £22.6mn loan
Prominent Vincent Square building is being reworked as 26 homes.
LATEST ARTICLES
SW London estate agency appoints new sales & lettings heads
Arrival of a new Head of Sales and a new Head of Lettings 'mark an exciting new chapter for Lawsons & Daughters,' says boss Sanjay Joshi.
By PrimeResi
KFH hires ex-Foxtons director for senior lettings role
Suzi Robertson was previously Foxtons' first female front office director.
In Pictures: Caudwell unveils €29m Riviera trophy home with Windsor links
Marquee residence at Le Provençal is the region's biggest new listing this spring, says developer.
Forecasts Recast: Influential analysts downgrade prime property prospects as outlook darkens
Knight Frank, JLL, Savills and Strutt & Parker have all cut house price forecasts in the last few weeks. PrimeResi checks where the market stands as we head into H2.
By PrimeResi
Heavyweight property companies exit FTSE 100
Berkeley Group and Rightmove are both being relegated from the UK's index of corporate giants.
By PrimeResi