Are we seeing the return of a more balanced market?
Demand has sprung back since the pandemic as people have reassessed how and where they live, but supply is now also getting stronger, writes Tom Bill...
Tom Bill is Head of UK Residential Research, producing reports that include Knight Frank’s flagship Prime Central London indices, the Super Prime London Insight and the London Residential Review. He has written detailed reports on London sub-markets and contributes to The Wealth Report and Global Cities report. Tom, a former Bloomberg and Reuters property journalist, is a regular media contributor on the London property market and has presented at events in Europe and the Middle East.
What to read next
Tom Bill on what 2021 could bring for the UK property market
Tax changes and the withdrawal of support measures mean the post-Covid ‘normal’ will only begin to emerge later next year, writes Knight Frank's Head of UK Residential Research.
By Tom Bill
Why the end of the furlough scheme is likely to have a limited impact on the UK property market
A closer look at the government’s own furlough data suggests there is unlikely to be meaningful downwards pressure on sales volumes or prices when the support scheme comes to an end in the autumn, says Tom…
By Tom Bill
‘Certainty will return to the UK housing market’, predicts JLL in an upbeat set of forecasts
Property firm prophecies "the end of a long period of uncertainty" in London and around the country - with positive growth on the cards for house prices, transaction volumes and rental values.
By PrimeResi
Companies in this article
Knight FrankMost read
Former CBRE director launches independent advisory
Rian Strauss says international clients often have plenty of advisers, but still lack someone 'who can look across the whole situation'.
Rare receivership sale completed on Eaton Square
Lateral Belgravia penthouse sells above guide after drawing ‘very high’ viewing numbers.
In Pictures: Inside a £22mn Chelsea villa with one of RBKC’s last big basement builds
PCL agency lands one of the season's standout instructions in the Boltons Conservation Area.
From Reel to Deal: Instagram lead ends with £16.5mn Chelsea sale
Luxury agency says social media is increasingly acting as a 'sophisticated catalyst' for big-ticket property deals.
Savills completes $1.1bn real estate investment bank acquisition
The big deal 'accelerates Savills strategy to scale in North America while strengthening its leadership position in both EMEA and Asia Pacific.'
By PrimeResi
China launches retroactive tax crackdown on wealthy citizens’ offshore assets
Beijing is said to be pursuing HNWIs for unpaid tax on overseas assets going back decades.
By PrimeResi
Revealed: Rightmove’s ten most viewed property listings of 2026 so far
It's an eclectic bunch, ranging from a £250k cliff-edge cottage to a £20mn Gothic mansion, via a mediaeval Scottish castle and a Victorian Manchester villa.
By PrimeResi
Hamptons & John D Wood owner cites ‘very challenging’ market as H1 profits tumble 92%
The UK's biggest estate agency group said lettings and surveying again helped offset the slowdown in sales activity.
Residence One tops out 29-home St John’s Wood scheme
Luxury apartment project reaches full height as developer targets May 2027 completion.
Family offices & bulk investors turn out for Saudi property showcase in Mayfair
Chancery Rosewood hosts second UK-Saudi exhibition as organisers claim £65.7mn of opening-day sales and reservations.
LATEST ARTICLES
UK Sotheby’s recruits former Anderson Rose director
Scott Joseph will cover Prime Central and North West London from the brokerage's St John's Wood office.
Ranked: Top 10 overseas property search locations for UK buyers in 2026
Portugal's Algarve region retains its top spot for British folk looking for a home abroad.
By PrimeResi
Dubai logs record-breaking half for super-prime sales
296 homes sold for more than US$10mn in the first six months of this year, reports Knight Frank - but ongoing uncertainties may quell activity in the coming months.
By PrimeResi
Climate risk is now ‘core due diligence’ – but still being spotted too late
81% of property professionals agree climate risk should rank alongside mainstream searches as 'core due diligence' for buyers.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes